The cost of making an iPhone has now surpassed an all-time record. According to Nikkei Asia, the production cost of iPhone 14 is 20 percent higher than last year’s iPhone 13. News GSM Arena.
The iPhone 14 Pro Max reportedly cost $501 to make, which is $40 more than the previous version. But the reason behind this cost is its A16 bionic chip. The price of this chip alone is $110.
When the Pro Max was first introduced in 2018, it cost between $400 and $450.
The price of A16 bionic chip is 2.4 times higher than the previous A15 bionic chip. The chip is also used in the non-Pro models of the new iPhone, the iPhone 14 and iPhone 14 Plus.
Apart from the chip, another reason for the cost increase is the cost of Sony’s new SIMS sensor. Although the size has increased by 30 percent, the price of this sensor has increased by 50 percent.