CHART OF THE DAY: A Full Cost Breakdown Of Apple's New iPhones
Based on a manufacturing cost breakdown from Teardown.com and research firm IHS, which was charted for us by Business Insider Intelligence, Apple will likely make huge margins from its latest phones due to the low cost of materials.
The iPhone 6 and iPhone 6 Plus cost $649 and $749 without a contract, respectively. The display glass and multi-touchscreen are the two most expensive elements of the phones, and the processors are pretty costly, too. But as a whole, the iPhone 6 costs only $15.51 more to make than last year's iPhone 5S (now $99), and the iPhone 6 Plus costs an extra $15.50 more than the iPhone 6 - or $31 more than the iPhone 5S. In other words, Apple makes huge margins any time someone buys an iPhone 6 Plus, which costs $100 more than the iPhone 6: Based on figures from Re/code, 73% of the iPhone 6's selling price turns into profit for Apple, compared to 76% for the iPhone 6 Plus.
Business Insider Intelligence
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas