How much Apple’s huge new $1,099 iPhone actually costs? The price will leave you in shock

08:13 PM | 28 Sep, 2018
How much Apple’s huge new $1,099 iPhone actually costs? The price will leave you in shock
OTTAWA – US tech giant Apple recently launched its 2018 iPhone lineup – iPhone XS, iPhone XS Max, and iPhone XR - for a shocking price tag.

The California-based company, which is famous for its price tag and status symbol rather than innovation, has set a hefty price of $1,099 for the basic version of this year’s flagship iPhone XS Max, $1,249 for 256 GB, and the staggering $1,449 for the 512 GB variant.

But, according to a tech analysis firm, TechInsights, the components of iPhone XS Max cost Apple not more than $453 – which is nearly $50 more than the last year’s iPhone X.

In its cost analysis, the Ontario-based firm found that the OLED panel is the most expensive component which costs $90.50 as compared to $77.27 for last year’s iPhone X, which featured a smaller 5.8-inch screen.

It means the cost of the screen increased just 5%, accounting to inflation, but not everyone will buy this argument.

After OLED, the second most expensive component is the processor/modem that costs $72.

TechInsights explained the amount of $453 is the pricing of raw components and did not take into account other manufacturing expenses like R&D, software, logistics, and that marketing which makes many people shell over $1,000 for a smartphone.

Few of the numbers in the graph were made with “some assumptions” since the whole data is yet unavailable.

The writer is a member of the staff. He can be accessed on Twitter @iamnozair


Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 22 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 22, 2024 (Monday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.25 and selling rate is 303.25.

British Pound rate is 354.75 for buying, and 358.25 for selling. UAE Dirham AED was at 76.4 and Saudi Riyal lowered to 73.60.

Currency Rates Today

Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.25 303.25
UK Pound Sterling GBP 354.75 358.25
U.A.E Dirham AED 76.40 77.15
Saudi Riyal SAR 73.60 74.32
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.50 205.50
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.70 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.00 204.00
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.50 7.65


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