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Here’s what It Costs Apple to Make An iPhone 7 (32GB Variant)

If you buy the latest Apple device, 32GB variant of the iPhone 7, Apple makes massive profit of $424 or ₦190,000 on each unit it sells (This is calculated only on cost of making each iPhone 7 and excludes the research & development and marketing costs).

Here’s what It Costs Apple to Make An iPhone 7 (32GB Variant)

However, the component costs are estimated to start at $219.80 for iPhone 7. With the display racking almost $43, other baseband chips including Intel modem and other baseband chips worth an estimated total of $33.90. The other most expensive item is Apple’s quad-core A10 Fusion chip which costs about $26.90. Finally, it’s 1,920 mAh battery costs about $2.50 (You can look up more details here).



Here’s what It Costs Apple to Make An iPhone 7 (32GB Variant)


As earlier stated, this cost excludes other expenses incurred.
Here’s what It Costs Apple to Make An iPhone 7 (32GB Variant)


One interesting thing to note is that, despite the removal of the headphone jack, IHS claims that the iPhone 7 is more expensive to manufacture than last year’s iPhone 6s.

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