It Just Got More Expensive to Build an iPhone
- Apple margins stay high as company raises price of new models
- Bigger changes to Apple’s business formula seen with iPhone X
IHS Analyst Sees Inflection Point in IPhone Design
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Apple Inc.’s latest smartphones, the iPhone 8 and iPhone 8 Plus, have more expensive parts, but the company will still make significant profits because it raised prices for the devices, according to research firm IHS Markit.
A base model iPhone 8 with a 4.7-inch screen and 64 gigabytes of storage includes material costs of $247.51, up from $237.94 for the 32 gigabyte base model iPhone 7 from last year, an analysis by IHS found.