According to the analysis from the Apple mothership, iPhone X is going to help the company make more money from each phone sold compared to its fellow mate, the iPhone 8.
Here’s the kicker – despite the fact that the iPhone X costs the company 25% more in the cost of its parts compared to the iPhone 8, it is retailing at a cost that is significantly more.
We’re talking about a higher retail rate between the two by 43 per cent.
TechInsights, a company who takes tech devices apart and does an analysis on its internals, said that the iPhone X costs USD$357.50 to be made, and yet is being sold at a price tag of USD$999.
As far as the price of the iPhone 8 is concerned, it is being sold for USD$699 and comes with a gross margin rate of 59 percent, which is definitely lower than the iPhone X’s 64 per cent.
This is definitely an amusing fact, if you think about the way tech items increase in value as time passes and also how their part pricing drops at the same token.
As for us here, we are mostly still shocked by the fact that there’s such a huge profit margin for each iPhone sold.
Of course, we completely understand the cost of a phone isn’t just about its raw materials: a bulk of it goes to many other business costs, like R&D, marketing, supply chain and whatnot.
Fun Facts About the iPhones
The iPhone 8 runs on its pre-existing LCD tech, while the elevated iPhone uses a Super AMOLED system, one which delivers better colour quality. Oh, and the iPhone X is much, much thinner.
As far as screen space goes, the iPhone X has a 5.8-inch display, while the iPhone 8 comes with a 4.7-inch one. Depends on you lor, whether you want a bigger screen or you prefer a more dainty one lor.
The stainless steel exterior of the iPhone X makes it less likely to get get bent compared to the former iPhone series too, and to be frank, we hope it works.
So, which phone will you choose, and how much of your money you want to sacrifice for the smartphone?
There’s one pulling factor that make Apple phones count – its brand name and the fact that it was the brainchild of a legend- Steve Jobs.
Since you’re here, why not watch a video about an NTU student who went all out to impress his crush, only to end up in…tragedy? Here, watch it and do remember to share it (and also subscribe to Goody Feed YouTube channel)!
This article was first published on goodyfeed.com
- iPhone X Mania Still Strong in S’pore as People Queued Up Overnight For It
- What the ‘I’ in iPhone Stands For. In Fact, It Stands for 5 Different Words!
- Reports of iPhone 8 Plus Splitting Open is Like Déjà vu of iPhone 6 Bending
Do you love writing? Do you want a platform to showcase your works? Goody Feed is looking for part-time writers to join the team! Click here to find out more!
Featured Image: VanderWolf Images / Shutterstock.com & Mac Rumors