(Archives)
Tuesday 17 October 2023 / 16:21
Apple’s iPhone family is very popular among users, as statistics indicate that Apple acquired 48.7% of the smartphone share in 2022.
There are a huge number of iPhones, about 120 million of them in the United States alone. For any business, of course, it’s important to spend money to earn profits, which raises an interesting question: How much profit might Apple make from the success of the device?
It’s not unusual for an iPhone to be cheap, but it’s important to roughly understand how much it costs to produce these phones in the first place. While Apple does not publish exact data on device build costs, estimates and details are available and can paint a vivid picture of manufacturing costs.
The cost of producing an iPhone over the years
Any smartphone includes a range of advanced components all together in a single frame. In the case of the iPhone 13 Pro, for example, it includes the A15 processor created by Apple, a LIDAR scanner and a Display Port interface among other things, not to mention the more obvious elements such as the battery and the screen. Assembling these parts can be an expensive task.
Naturally, advanced components contribute to higher costs. In 2017, researcher Andrew Rassweiler disassembled an iPhone
The iPhone
Bank My Cell has compiled material estimates for other iPhone models, and there are some interesting conclusions to be drawn. According to the report, the cost of manufacturing the original iPhone in 2007 was $217.73, and it was sold for $499. It seems that this sale percentage of 129.18% will be the lowest even for the iPhone 11 Pro Max, as the retail price reached $1099, with an estimated production cost of $450.50, an increase of 124.06%.
The iPhone 3G achieved the largest profit of any model, with a profit rate of 260.17% as a result of a materials bill of $166.31, compared to a selling price of $599 for an 8 GB 3G device.
The cost of producing the iPhone 14 Pro Max phone is $464, with a capacity of 128 GB, and this model was sold for $1,099. The price of the iPhone 15 Pro Max starts at $1,199, and the cost of producing this device has not yet been estimated, according to the website. Slash non.
