Lifestyle Glitz - Miscellany October 2016

I P H O N E 7 ’ S M A N U F A C T U R E C O S T I S
U N B E L I E V A B L Y M O R E E X P E N S I V E
Gosh! The iPhone 7 is much more expensive
than earlier ones were. However, why
is that so? They all look pretty much the
same.
Besides, the iPhone 7 doesn’t have the
headphone jack, then why does the manufacturer
say that it more expensive.
H E R E ' S W H A T W E K N O W …
The total cost of the materials used for
making the iPhone 7 components sum up
to $219.80. The statement by IHS Markit
confirmed this fact. The company also gave
an estimated cost of $5 for the process of
manufacturing the iPhone 7, based on preliminary
findings.
Therefore, the price $225 seems logical but
proves relatively too expensive for customers.
In fact, IHS noted a statement last December,
which stated that Apple's iPhone 6
costs $36.89 less. This means that the cost
of production is about $187.91 per unit, according
to IHS.
Here's what the IHS Markit's senior director
of cost benchmarking services said:
"Total bill of material costs for the iPhone 7
are more in line with what we have seen in
teardowns of recent flagship phones from
Apple’s main competitor, Samsung, in that
the costs are higher than in previous iPhone
teardown analyses. All other things being
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