New Delhi: Apple's iPhone has gone way ahead of being just a gadget and is now considered a status symbol. People, irrespective of their age and income, aspire to own an iPhone and are ready to go to lengths just to have their bit of social acceptance; even if its requires them taking a loan to buy it.
However, in what may come as a surprise to proud owners and aspirers of Apple’s latest phone, a research finding suggests that the cost of Apple’s latest iPhone 6s Plus is over three times of what it costs the company to manufacture it.
According to a teardown analysis on the original manufacturing price of iPhone 6s Plus by global researcher IHS Technology, the company only spends about Rs 17,000 to make and assemble the iPhone 6s Plus, which is sold for around Rs 51,000. The material used for making a 16GB iPhone 6s Plus costs Rs 15,800. The costs goes up to Rs 17,000 when the manufacturing process is accounted for.
The iPhone 6s Plus comes with a variant of Gorilla Glass 4 display protection layer, which costs Rs 3,580. The manufacturing cost of the rear and front cameras (12 and 8 megapixels respectively) of the iPhone’s variant is just Rs 1,530.
Also, there is a specific reason why Apple doesn’t offer expandable memory options in its variants. Expanding the phone’s memory to 16GB should cost Rs 400, whereas 64GB should cost Rs 1600, which means the price difference in both the variants should be only Rs 1200, whereas the company sells it with a difference of Rs 7,000.
According to IHS Technology’s report, if we add all the expenses of the company like labour, shipping, licensing, taxes, marketing and other territory costs, the difference between the manufacturing and selling price is more than three times.