An (Updated) Inside Look at the iPhone
In a 2018 econlife post, we started with this statement:“For those of us who believe world trade–even with all of its problems– is beneficial, the inside of the iPhone is the perfect example.” Today, it is still true. A teardown of the 256GB iPhone 16 Pro Max takes us to the $485.00 they spend to manufacture it. So yes, although the phone retails for close to $1199.00, as we would expect, it costs Apple much less to make. Below, AppleInsider compares the BOM (Bill of Materials) for the iPhone 16 and iPhone 15 ….[READ]
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