When the iPhone 15 series was announced, some were a little disappointed with the price hike of the iPhone 15 Pro Max, which now starts at $1199 (in India, it starts from a whopping Rs. 159900). At the time, some reports from the supply chain side claimed that the price hike was likely because the manufacturing cost for Apple had increased which contributed to the overall price hike. Now, a new report has surfaced that has broken down the individual component price for each iPhone 15 series model and found out just how much it costs Apple to manufacture them. It turns out, Apple did pay a significantly higher amount for smartphones this year compared to last year's iPhone 14 series.
According to a report on the teardown between Fomalhaut Techno Solutions and Japanese news site Nikkei (via AppleInsider), the iPhone 15 series prices for each model, the standard iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and the iPhone 15 Pro Max, witnessed a higher cost of making, with biggest hike seen for the Pro Max. Let us take a closer look.
According to the report, the standard iPhone 15 model cost Apple $423 to manufacture, while the iPhone 15 Plus cost $442 to make. In comparison, the smartphone started at $799 and $899 respectively. Moving to the Pro models, the bill of materials for the iPhone 15 Pro for Apple is $523, as opposed to its selling price of $999. Finally, the iPhone 15 Pro Max cost $558 to manufacture, and the company sold it at a starting price of $1199.
These numbers are interesting as they show that the component cost itself is about half the price of an iPhone's selling price. This number is without adjusting for the labor cost of assembling, factory running costs, shipping and transportation costs, and more.
But what
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