Apple spends most on this one iPhone component. Tip: This is not the chip | Mint

The cost of producing Apple’s iPhones is once again a hot topic, with US President Donald Trump moving the production of most products to the country through what he calls “reciprocal rates”. While Apple has traditionally built its iPhones in China, the company focuses on reducing its dependence on the country since the closure of Covid-19 and has increasingly turned to India as a counterbalance, where it can also produce about 30 million units a year, according to a Bloomberg analysis. But did you know exactly what it costs to make Apple’s latest and best iPhone 16 Pro Max, and which component is the most expensive for the Cupertino-based technical giant to source? Here is a detailed look at what it costs to build an iPhone 16 Pro Max. How much does it cost Apple to make iPhone 16 Pro Max? According to the research firm TD Cowen’s analysis last year, Apple spends about $ 485 to make a 256 GB version of the iPhone 16 Pro Max, which includes the cost of components, the box and even the mounting process. By comparison, the iPhone 15 Pro Max was built at a cost of $ 453, $ 32 cheaper than the new variant. Despite the higher manufacturing costs, Apple sells the iPhone 16 Pro Max at the same $ 1.199 price as last year’s pro model. The most expensive component is a band between the 6.9 -Inch Super Retina XDR screen and the rear camera setup -both cost $ 80, or about 16% of the total cost. The iPhone 16 Pro Max has a 48-megapixel primary camera, a 48-megapixel-ultra-broad angle lens and a 12-Megapixel-breed shooter. The other expensive components of the iPhone 16 Pro Max are the A18 processor, which costs $ 45 or about 9% of the cost, and the 5G modem, which costs $ 28 or about 6% of the cost. What about the iPhone 16? Apple’s manufacturing cost for the iPhone 16 would also rise to $ 416, an increase of $ 21 from the projected cost for the iPhone 15. Similar to the 16 Pro Max, the show was still the most expensive component for Apple, which costs $ 65. Meanwhile, the A18 chip and 5G modem cost the same $ 45 and $ 28 as the 16 Pro Max, but made up 16% and 11% of product costs respectively.