【Business Relationship】

Saving for an iPhone X?Business Relationship Perhaps you've sold a car or taken an extra job to finance the ultra-expensive new Apple phone?

Well, you'll probably be disappointed to know that the $999+ iPhone X actually costs around $370 to produce, according to IHS Markit.

SEE ALSO: Let's take a trip down iPhone memory lane

The business intelligence company's engineers have torn down the iPhone X and estimated that the 64GB variant of the device is made of $370.25 worth of materials.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

This makes the iPhone X the most expensive phone to make. According to IHS Markit, it's $50 more expensive than the 256GB iPhone 8 Plus. By comparison, a 64GB Samsung Galaxy S8 is only made of $302 worth of materials.

Of course, the "bill of materials" does not include costs like R&D and marketing, which are considerable, especially for a new, forward-looking device such as the iPhone X. IHS Markit says that Apple has likely maintained its "typical" hardware margins for the iPhone X.

Original image has been replaced. Credit: Mashable

The report offers some insight on the cost of individual components. For example, the iPhone X's TrueDepth 3D sensor system costs $16.7, while the phone's 2435x1125-pixel OLED screen, together with the cover glass and the Force Touch sensor, costs $110, according to the company.

---

Featured Video For You

---

What does your iPhone color say about you?

---

Topics Apple iPhone

• Entertainment
• Tech
• Life
• Deals
• Science
• Social Good
• Shopping
• Games

• Slim Returns: Eminem’s call for unity
• How to Say No in Turkish: Navigating a New Language
• On Daphne du Maurier’s “Monte Verità”
• The History of the Grand Guignol Is Expectably Terrifying
• Unexpected Consequences
• Coping with the Mets’ World Series Loss: Don’t Get Angry
• On Daphne du Maurier’s “Monte Verità”
• Kilroy Is Still Here: Soldiers, Graffiti, and Latrinalia
• War is a Racket
• William Seabrook’s “The Magic Island” Brought Zombies to America

• NEC says new facial recognition system isn't stopped by masks
• Google bans, Apple suspends Parler from app stores
• Samsung could launch 'SmartTag' Tile tracking alternative before Apple
• Chelsea Clinton rips Alabama candidate who used racial slur
• Samsung confirms date of Galaxy Unpacked 2021
• Leak confirms Galaxy S21 camera specs, but Samsung is teasing something special
• Amazon delivers a killing blow to the pro
• A guide to the best menstrual underwear
• See the number of U.S. COVID
• Awesome dad builds a 2

• Beyond Strategy
• Poem: Craig Arnold, “For a Cook” (1997)
• Read Our Interviews with Pevear & Volokhonsky, and Peter Cole
• 100 Years Ago, Cinema Saw Its First Nude
• Echoes of 1968
• How to Say No in Turkish: Navigating a New Language
• The Other Paris: An Interview with Luc Sante
• Rimbaud in the Alps: A Harrowing, Beautiful Letter from 1878
• Man Out of Time
• Need a Story for Your Commute? Look to the Vending Machine

• Fresh Hell
• Tom Disch, “Donna Reed in the Old Scary House,” 1995
• The Perils of the Early Riser
• Better Than Your Name in Lights? Your Name in Appliqué.
• In the House of a Thousand Likes
• How The Old Farmer’s Almanac Predicted the Information Age
• 100 Years Ago, Cinema Saw Its First Nude
• On René Daumal’s “Mount Analogue”
• What the Bolsheviks Saw
• Seeking Soul Cakes: A Halloween Song