Apple's iPhone X has higher margin than iPhone 8: Analysis

Apple's iPhone X has higher margin than iPhone 8: Analysis

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/07/apples-iphone-x-has-higher-margin-than-iphone-8-analysis.html

Apple's new flagship iPhone X makes the company more money per phone than its iPhone 8 model, according to an analysis, which found the iPhone X's flashier parts cost Apple 25 percent more than the iPhone 8, but that it retailed 43 percent higher.

The iPhone X smartphone costs $357.50 to make and sells for $999, giving it a gross margin of 64 percent, according to TechInsights, a firm that tears down technology devices and analyzes the parts inside. The iPhone 8 sells for $699 and has a gross margin of 59 percent.