Long ago, the manufacturing cost of a device remained a mystery. However, during these days of the internet, it’s really hard to hide the information. In this article, you will find the real cost of iPhone 7. You might not believe how much money Apple earns selling every iPhone to you.
Cost of iPhone 7: 32 GB Model Costs Apple Only $224.80!
You might have been bewildered! But it’s the reality. Apple spends only $224.80 to produce each of the 32 GB iPhone 7. The total expenditure includes the bill of materials ($219.80) and the unbelievably cheap basic manufacturing cost of $5!
The information has been revealed by IHS Markit, a London based analyst. The company has informed that the total cost of iPhone 7 is slightly higher than its predecessor. The previous generation iPhone 6S costs Apple $36.89 less.
And now here is the most bewildering part. If you want to have Apple’s latest flagship smartphone, you have to spend at least $709.98 in the US. It is three times higher than the total manufacturing cost of iPhone 7.
You might have been asking yourself: should I really buy the iPhone 7 after reading this article? Well, providing the right answer is really a very difficult task. If you consider the features, look and innovation, it’s really hard not to buy Apple’s flagship smartphone. But if you consider Apple’s way of tagging the devices with a ridiculously high price, it’s really tough not to be angry!
However, Apple is not the only company that is charging an extremely high price for its smartphones. Samsung spends only $256 for producing the 32 GB Samsung Galaxy S7. But it is selling the device at $599! Same thing goes for all the other smartphone manufacturers, including LG, Sony and HTC. In that sense, the manufacturing cost of iPhone 7 sounds bewilderingly logical!
This is the end of the article. What is your reaction known the manufacturing cost of iPhone 7? Share your thoughts by hitting the comment button.