The total cost of the components that make up the Apple iPhone 16 Pro Max has been revealed. The top model of the iPhone family costs more than the iPhone 15 Pro Max. Here are the details.
A few weeks ago, Apple introduced the iPhone 16 series, one of the most anticipated smartphones of the year, at the Wonderlust event. The market research firm TD Cowen revealed the cost of the components that make up the phone.
According to the research, the average cost of the components required to produce the iPhone 16 Pro Max is $485. This figure represents a 7% ($32) increase compared to the previous flagship, iPhone 13 Pro Max. It is noted that the biggest changes driving the price increase are the screen and the new camera system.
For comparison, Apple set the prices for the iPhone 16 and 16 Plus models in the new series at $799 and $899, respectively. The higher-end models, iPhone 16 Pro and 16 Pro Max, are sold for $999 and $1,199, respectively.
As seen from the table, the camera and display hardware are the most expensive components of the iPhone 16 Pro Max. In fact, the rear camera setup alone accounts for 16% of the total production cost of the model. The display panel and touchscreen have the same cost as the rear camera system. However, the rear camera setup of the iPhone 15 Pro Max costs $70, or 15% of the total production cost.
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Interestingly, the A18 Pro processor is only $5 more expensive than the A17 Pro found in the iPhone 15 Pro Max. Memory and storage costs have also increased by $5. The cost of other improvements, such as the larger battery, remains unchanged. It seems that Apple has managed to balance some of the high component costs with savings in other areas.
Also, let’s remind you that the figures provided only cover the component cost of a 256 GB iPhone 16 Pro Max. The study does not include other costs such as assembly, shipping, patent fees, software development, advertising, and logistics. What are your thoughts on this? Share your views with us in the Comments section below.
