iPhone 12 Costs $431 to Make, 26% More Expensive than iPhone 11

Counterpoint Research has conducted an analysis of the Bill of Materials, or BOM, on the iPhone 12, determining that the new device costs $431 to make. In other words, all components available on the iPhone 12 lead to a cost that’s 26 percent higher than on the iPhone 11, and the reason is as simple as it could be: the addition of 5G components, which are rather pricy. “Producing a 128GB iPhone 12 mmWave (millimeter-wave) smartphone will cost Apple up to $431, 26% higher compared to the iPhone 11, according to the latest bill of materials (BoM) analysis by Counterpoint’s component research practice. Despite over $27 cost savings due to the simplified RF design, the BoM cost of the sub-6GHz-only model for overseas markets still increased by 18%,” Counterpoint explains. “Assuming a 38% mmWave mix, the blended materials cost for the iPhone 12 with 128GB NAN...