iPhone 13 Pro was launched with a $999 price tag last month. The biggest rival of the Apple smartphone, the Samsung Galaxy S21+ is also sold for the same price. But apparently, iPhone 13 is more expensive to manufacture than the Samsung flagship, according to the report shared by TechInsights.
Apple spends $570 to build an iPhone 13 Pro
The iPhone 13 series was met with much excitement by Apple fans a few weeks ago. The iPhone line of smartphones has been praised for offering good value, and it appears that this comes at a significant cost to Apple, according to a new report.
Because Apple spends an estimated $570 to be able to manufacture an iPhone 13 Pro. If we compare it with the manufacturing costs of the iPhone 12 Pro (about $548.50) and Samsung Galaxy S21+ (about $508), it’s quite high. It’s uncertain how much of it is due to the current global component shortage.
The manufacturing cost of the iPhone 13 Pro is higher than Samsung Galaxy S21+
The iPhone 13 Pro has the same price tag as the last year’s iPhone 12 Pro, but it costs much more to manufacture one. The estimated construction cost is %57 of the phone’s suggested retail price; the Galaxy S21+ costs $999, however it has a lower predicted build expense. It’s a little strange, considering Apple’s reputation for having the widest profit margins among its mobile devices. It’s important to note that these figures are estimated values shared by the analysis company.