IHS Markit’s annual cost breakdown of the new iPhones suggests that making an iPhone 8 Plus runs about $17 more than the 7 Plus.
The analytics company IHS Markit on Tuesday released its annual teardown of iPhone production costs, and if the estimate is correct what strikes me most is that the— with 32GB more memory, a more powerful processor, wireless charging and a slightly improved camera — only costs about $17.80 more to make.
While you might outrage at the thought that over half the price of the phone isn’t spent on components, it actually makes sense given what I suspect is Apple’s huge cost overhead of intangibles.
Plus, as long as the iPhone retains its tech je ne sais quois, you’ll be paying a zeitgeist premium for it.
Another interesting note from the company’s report is that it estimates the cost of manufacturing has increased by about $0.60; given the addition of the back glass, wireless charging circuitry and so on.