How Much Does It Actually Cost Apple To Make An iPhone 7?

There's a reason they're worth USD624 billion.

BY | Sep 24, 2016 | News

If you want to know how much it actually costs to make that shiny new Piano Black (what even is Piano Black?) iPhone 7 sitting smugly in your pocket, then we finally have the answer.

According to the clever analysts at IHS Markit, it costs USD224.80, to build a 32GB iPhone 7, with a retail cost of USD649, which is tidy little profit margin for the big dogs over in Apple HQ.

While the shape of the new iPhone is very similar to its predecessor (which cost USD200.10 to make), an improved camera and screen, as well as an increased base storage capacity of 32GB instead of the 16GB you could buy in the past.

They've got to keep making those billions somehow, we suppose. 

From: Esquire UK.