Saving for an iPhone X? Perhaps you've sold a car or taken an extra job to finance the ultra-expensive new Apple phone?
Well, you'll probably be disappointed to know that the $999+ iPhone X actually costs around $370 to produce, according to IHS Markit.
The business intelligence company's engineers have torn down the iPhone X and estimated that the 64GB variant of the device is made of $370.25 worth of materials.
This makes the iPhone X the most expensive phone to make. According to IHS Markit, it's $50 more expensive than the 256GB iPhone 8 Plus. By comparison, a 64GB Samsung Galaxy S8 is only made of $302 worth of materials. Read more...
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