this post was submitted on 16 Sep 2023
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They are made in the countries where people can't afford to buy them too.
Absolutely insane amount of profits for these things.
Probably costs like 100 dollars per phone to make. Would be interesting to know.
According to Nikkei it costs $501 to make an iPhone 14 Pro Max which is sold at $1099. It's still very fat, but there's no way something like this only costs $100 lol.
You're also paying for researching new technologies. They don't just magically slap the parts together every year and come out with a new iPhone.
Yes that new USBC technology, real ground breaking shit
Do not underestimate Apple’s R&D costs. While yes, the new iPhones barely look different, their internals sometimes change drastically and especially the new processors are quite a feat every year. Apple‘s ARM SoCs have consistently been either among the top performers in the industry or, especially lately, the top chips outright. There’s massive R&D behind that. If course, they still have a hefty profit margin on every iPhone but it’s not just slapping a USB-C port into last year’s devices.
Thank you!
i remember hearing a few years ago about it costing around $200 to make the latest and greatest galaxy note 10, and it had an msrp around the thousand dollar mark. phones have MASSIVE profit margins and honestly its probably just been getting bigger and bigger since then.
I couldn't find your $200 figure, all I found was that the note 8 costed $369 against a price of $950 and that the note 20 ultra costed $549 against an initial price of $1299.