If a grocery store or a shopkeeper charges us extra penny we became angry that he is looting us but when big multinational corporations takes hundreds of dollars we say nothing to them.
The favourite mobile phone Iphone7 by Apple costs $670 but in reality the production cost of the set is not more than $220, which means Apple is charging three times more than the actual cost.
The most expensive part in IPhone is the screen which costs $43 all other components are far cheaper than it. It’s not only Apple that is charging extra amount but rather all companies are doing so.
