Most expensive iPhone is made for just Rs 42000 but Apple sells it for Rs 1.32 lakh due to...
iPhone price in India
New Delhi: American tech giant Apple sells its iPhones in various models at premium prices, but did you know that the actual manufacturing cost of these devices is significantly lower? Last year, the most expensive models were iPhone 16 series and iPhone 16 Pro Max. But have you ever wondered how much it actually costs to make this phone that sells for lakhs? In this article, we will tell you the cost of making these handsets.
When the actual cost is so low, you might wonder why Apple charges more than double the price from customers. Today, we're going to tell you about the manufacturing cost of the iPhone 16 Pro Max. In fact, shortly after this phone was launched last year, a report was released revealing details about its manufacturing cost. Manufacturing Cost of iPhone 16 Pro Max
The Bill of Materials (BOM) cost of the iPhone 16 Pro Max is USD 485 (approximately Rs 41,992 or Rs 42,000), according to market research firm TD Cowen. The report also stated that this is slightly higher than the cost of the iPhone 15 Pro Max, which was USD 453 (around ₹39,222).
Why does a phone made for Rs 41,000 sell for over a lakh?
It's important to note that the BOM only includes the cost of raw materials and assembly. The final retail price also factors in expenses like software development, marketing, and logistics, which significantly increase the overall cost. Currently, the 256GB variant of the iPhone 16 Pro Max is being sold on Flipkart for Rs 1,32,900. Check Key Details Here: The higher cost of the iPhone 16 Pro Max compared to the iPhone 15 Pro Max is due to the upgraded hardware components used in the handset.
The display and rear camera system of the iPhone 16 Pro Max are the two most expensive parts, costing around ₹6,700.
In comparison, these parts in the iPhone 15 Pro Max cost Rs 6,300 and Rs 5,900 respectively.
The introduction of new LPDDR5X RAM technology has also added to the total cost
With the RAM in the iPhone 16 Pro Max priced at Rs 1,400, whereas the older LPDDR5 RAM in the iPhone 15 Pro Max cost only Rs 1,000.
The A18 Pro chipset and storage in the iPhone 16 Pro Max cost Rs 3,400 and Rs 1,900 respectively.
Even after accounting for logistics and software development, Apple maintains a healthy gross margin and earns a significant profit on each model of the iPhone 16 Pro Max.
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