$113.5 billion worth of electronics sold in 2004
ravy writes "Americans bought $113.5 billion worth of electronics in 2004 and by 2005 the number will reach $127.5 billion. Digital television sets, MP3 players and flash memory cards were the best-sellers percentagewise, while PCs and cell phones enjoyed more steady growth in terms of sales. Google Zeitgeist also lists ipod, digital camera and mp3 as the most popular consumer electronics queries for the year past."
It's sickening to know how inexpensive it is to produce all of the above, vs the amount that is charged for said items. Do the margins really need to be that high? Where is all the profit going? I remember back in the day when 128MB of SD RAM cost $2/MB, while the chip it's self was about $0.02 to produce. As a retailer we were making a 10% margin on the stick, while the distributer was making about the same. Where did the other $200 go?
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