ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » Technology News

Apple’s most expensive iPhone 7 still cheap to produce

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Apple’s most expensive iPhone 7 still cheap to produce
Its cost to produce a single unit of its cheapest model of the iPhone 7 is approximately 70% less than its selling price. Image Source: Official website

Apple spends a lot less to produce its cheapest iPhone 7 model in comparison to its selling price.

A recent report released by IHS market made many news agencies break stories that said Apple’s iPhone 7 is more expensive to make.

However its cost to produce a single unit of its cheapest model of the iPhone 7 is approximately 70% less than its selling price.

According to a report by Statista, the cost of making one iPhone 7 is $224.80, excluding research and development cost and cost for marketing.

Now this is definitely the most Apple has ever spent to make an iPhone as its previous models of the iPhone 6s amounted to $211.50 which was the highest so far.

However, the report by Statista showed that Apple used to spend a higher margin on producing iPhones in the years 2011 and 2012 as opposed to the phones produced by them lately.

Infographic: The Cost of Making the iPhone 7 | Statista
You will find more statistics at Statista

Apple iPhone 7 was released for sale last week in the US market with its unsubsidised 32 GB model being sold for a price of $ 649.

The same phone will be available in India for the starting price of Rs 60,000 while the iPhone 7 Plus 32GB will cost Rs 72,000.

The variants in this model go up to a whopping Rs 92,000.

Although majority of the iPhone features remain the same in this new variant of the iPhone it also has high-resolution cameras and no headphone jack with AirPods sold separately for Rs 15,400.

Zee Business looked at the manufacturing cost of the iPhones as presented by Statista along with the launch prices of each iPhone model since 2011 begining with the iPhone 4 s. And the price discrepancy between producing the phone and its selling price is a lot.

In another interesting discovery, Statista reported that the worldwide average selling price of Androids is reducing by the year as compared to iPhones. The smartphone price gap in 2016 was almost one thrid of the average selling price of the iPhones with Androids selling at $208 as opposed to iPhones which were selling at $651. 

Infographic: The Smartphone Price Gap | Statista
You will find more statistics at Statista

In an earlier report Zee Business reported despite Apple’s move to slash the prices of its earlier variants – iPhone 6 and 6s Plus in India by Rs 22,000 they are still more expensive than Samsung Galaxy S7, Sony Xperia Z5 and Nexus 6P.

Even the price of a good Laptop brand like Lenovo ThinkPad T450s or the Sony Vaio Pro 13 Touch is currently cheaper than the cheapest iPhone 7 model.

Lenovo ThinkPad T450s is sold for Rs 41,300 on Amazon while the cost of a Sony Vaio Pro 13 Touch on eBay is Rs 28,999.
 
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
AppleApple iPhone 7 India priceApple iPhone 7 PlusApple iPhone 6sTechnologymanufacturing cost iPhone 7Android
Updated: Fri, Sep 23, 2016
11:21 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Redington Q3 results: Company records standalone Q3 net at Rs 141.38 crore Redington Q3 results: Company records standalone Q3 net at Rs 141.38 crore
Apple Users Alert! People using THESE iPhones, iPads could be at risk - Check Complete List Apple Users Alert! People using THESE iPhones, iPads could be at risk - Check Complete List
Apple developing iOS 17: Check expected release date and other details - Details Apple developing iOS 17: Check expected release date and other details - Details
Apple's Emergency SOS via satellite saves two women stranded in Canada Apple's Emergency SOS via satellite saves two women stranded in Canada
Apple AR headset may feature health & wellness experiences Apple AR headset may feature health & wellness experiences

LATEST NEWS

Stock Market on Friday: Watch out for these 10 triggers that could impact movement in Sensex, Nifty

Should you buy, hold or sell ITC, Britannia, HDFC Life, SBI Life, Titan, Zomato shares now?

CUET Form 2023: Registration likely to start soon; Check how to apply, documents required and exam dates

UP Police Constable Recruitment 2023: Application invited for 37,000 vacancies — Check notification details

US Stock Market: Nasdaq Composite, S&P 500 surge as Wall Street cheers Dovish Fed Chair remarks; Meta shares soar

Renault upgrades cars to meet stricter emission norms

Titan Q3 Results: Net profit falls 10% to Rs 913 crore as expenses rise

Israeli settler population in West Bank surpasses 500,000

Budget 2023: Electronic components industry body demands extension of duty concession on camera lens to other segments

Mahila Samman Saving Certificate: New small savings scheme for women announced in Budget 2023 | Check Where and How to Open Account, eligibility, interest rate, maturity, Tax benefits - All you need to know

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV