How much would it cost to make an iPhone in the US?

Rassweiler says making all of the iPhone’s parts in the U.S. would push the price of the iPhone’s components from $190 to around $600. “If the materials alone are costing $600,” says Rassweilier, “it stands to reason, that same iPhone could cost, perhaps, $2,000 at retail.” That’s right. $2,000 for an iPhone.

How much does it cost to manufacture an iPhone 12?

Now research firm Counterpoint has costed the individual components and estimated the total bill of materials (BoM) at $415, or 21\% more than the iPhone 11. “The shift from LCD to OLED in the iPhone 12 is a big jump, resulting in an over $23 cost increase,” says the company in a statement.

How much does an iPhone cost?

iPhone 13 prices by model and storage capacity

	128GB	256GB
iPhone 13	$799	$999
iPhone 13 Mini	$699	$799
iPhone Pro	$999	$1,099
iPhone Pro Max	$1,099	$1,199

How much is an iPhone in China?

Prices for the new models in China start at 5,199 yuan (US$804) for the iPhone 13 Mini, 5,999 yuan for the iPhone 13 and 7,999 yuan for the iPhone 13 Pro.

What is the most expensive component of an iPhone?

The most expensive components of the iPhones are their Samsung-built OLED displays which are estimated at $70 per unit and Qualcomm X55 5G modem which goes for around $90.

Is iPhone cheap in Russia?

You can buy your iPhone directly from Apple, but prices vary around the world. The most expensive countries tend to have high-priced iPhones for every model, so if you’re in Russia, you’ll likely pay more no matter which iPhone you choose.

How much profit does Apple make on each iPhone?

Apple’s estimated $319 profit per phone is at least 20 times the cost of producing the iPhone. In fact, because the labor cost is only part of Foxconn’s costs, which include energy, property, and its own profit, Apple’s profit per phone is more than 20 times the labor cost.

How much do iPhone workers get paid in China?

The starting wage for an iPhone worker in China is $3.15 per hour. Much lower than the minimum wage in the U.S., which is $7.25 per hour. In 2018, it was quoted that employees at Foxconn make around $300 a month.

Can Apple afford to treat its production workforce better?

Many observers have remarked that with Apple’s gigantic profits, it can afford to ensure better treatment of its production workforce. A close examination of the iPhone’s cost structure leaves no doubt.

Will Apple make the iPhone more expensive if it’s made in America?

If Apple managed to bring manufacturing jobs to the United States, analysts say that assembling the iPhone here wouldn’t actually make it much more expensive.