IPhone X is talk of the town these days since it’s release. Although Most people exclaimed that the phone is too much expensive, IPhone X units were sold like Hot Cakes. The Stock was sold in a few minutes. IPhone X comes in 2 Variants with 64GB priced at 89K and 128 GB priced at 102K. And IPhoneX is the First Mobile to cross 1 Lakh Figure Price in India.
But , Ever Wondered How much it will cost Apple to manufacture an IPhone and How much profit will it make on each IPhoneX. Well, We have the Answer. Although the correct Figures are not Known, TechInsights have estimated approximate Manufacturing Cost of IPhone X.
Manufacturing Cost of Each IPhone X Unit approximately comes near 358$(Rs.23314) and 64GB in US is priced at 999$(Rs.65059) and 256 GB at 1149$(Rs.74828).Apple is making a profit of Rs.50,000 on each IPhone X 256 GB Unit and if we remove Publicity cost and Miscellaneous, still Apple is easily making Rs.40,000 on Each IPhone X 256 GB Unit. Apple has 64% Gross Margin on IPhone X whereas IPhone 8 has 59%.And the most expensive component is OLED screen which is about 66$.
Although everyone knows that IPhone is over priced and expensive, People are still buying due to the brand Image of Apple and Brilliant User Experience.
