iPhone butterfingers equal big bucks for Apple

Broke your iPhone 5? Expect to pay more for a replacement than you did for the original

Apple isn't just reaping the rewards of corporate tax loopholes; it's also making big bucks off customers who drop their iPhones -- especially iPhone 5s. As it stands, a replacement iPhone 5 can cost between $150 and $220, which is to say that the replacement can be more than the phone plus contract cost in the first place.

In fact, iPhone repair is a big moneymaker for Apple. The company not only charges a lot for repairs or replacements, it also keeps a tight grip on repair supplies. Apple often makes components prohibitively expensive for third-party repair services or end-users, many of whom will probably find a process like replacing a broken touchscreen too daunting to try in the first place.

This story, "iPhone butterfingers equal big bucks for Apple," was originally published at InfoWorld.com. Keep up with the latest tech videos with the InfoTube blog. For the latest developments in business technology news, follow InfoWorld.com on Twitter.