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Here's What It Really Costs To Build An iPhone 8 (Hint: It's A LOT Less Than You're Paying For It)

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With the iPhone 8 having been in stores for a couple of days now, it seems consumers are pretty darn smitten with the finished product.

From the impeccable design and impressive specs to the innovative wireless technologies, Apple has truly outdone themselves this time around. The only real problem with the product is that it's expensive as freakin' hell! Oh, and the glass isn't quite as durable as advertised.

 

That's not too bad though, right? We can't think of a single product that isn't flawed in one way or another and at least this smartphone hasn't been known to spontaneously combust. Still, is it possible Apple is being a little too ambitious with pricing? We tend to think so and after this bill of materials came out, we have ZERO problem sharing our opinion with y'all. As per CNBC:

"The bill of materials (BOM) cost for the 5.5-inch iPhone 8 Plus with 64 gigabyte memory came in at $288.08, IHS Markit revealed in a teardown of the device. This was higher than the $277.66 cost of the iPhone 7 Plus. But the price for the iPhone 8 Plus is $799, which is $30 higher than its predecessor.

"Meanwhile, the bill of materials cost for the iPhone 8 is $247.51, which is nearly $10 more than the iPhone 7. The iPhone 8 has a starting retail price of $699, which is $50 more than the iPhone 7 however."

Yeah yeah, we understand the whole inflation, supply and demand business spiel, but that's a HUGE markup. Should a phone really cost $451.49 MORE than what it takes to actually build the darn thing? Nuh-uh, that just ain't cool, Apple!

Image Via Getty

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