iPhone/iPad

Tyler Kersjes

Labor cost
Labor cost for an iPhone of about $12.50. If each step was longer or shorter, the cost would vary accordingly.

Time of Production
It takes about 24 hours for production of the iPhone.

Conversion from factory workers into making profits. Chinese laborers.

141 Steps required to make an iPhone 24 Hours of labor it takes to manufacture the phone 325 Sets of hands it takes to make a single iPad 5 Days it takes to make a single iPad $1.78 Hourly wage of new Foxconn employees $2.18 Hourly wage of 75 percent of Foxconn's workforce 1.2 million Workers 18 Typical age of 12 The average shift, in hours, for Foxconn workers 7 Seconds it takes to complete a single step in the manufacturing process. "We are extremely tired, with tremendous pressure," one worker said. "We work faster even than the machines." $17.50 Monthly rent Foxconn employees pay to secure sleeping space in a dorm room. Each room sleeps six to eight people. $0.70 Price each Foxconn employee pays per meal $12.50 to $30 Approximate cost of labor for a single iPhone $199 Starting retail price for the iPhone 4S $650 Approximate revenue each iPhone generates for Apple. 37 million iPhones sold in the last quarter of 2011 $97.6 billion Apple's cash on hand