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The successor to the current 5.8-inch iPhone X may be 10% cheaper to manufacture, according to a report from DigiTimes. It’s estimated that the current iPhone X, which sells for between $999 and $1,149, costs Apple $400 to make. The next 5.8-inch iPhone could see Apple net a cost savings of $40 per device due […]

The next iPhone might be 10% cheaper–for Apple

[Photo: courtesy of Apple]

BY Michael Grothaus

The successor to the current 5.8-inch iPhone X may be 10% cheaper to manufacture, according to a report from DigiTimes. It’s estimated that the current iPhone X, which sells for between $999 and $1,149, costs Apple $400 to make. The next 5.8-inch iPhone could see Apple net a cost savings of $40 per device due to it being a rather iterative device without the need to revamp manufacturing facilities to handle radically different components. That being said, just because it’s 10% cheaper for Apple doesn’t mean it will be 10% cheaper for you. The aim of the game is to maximize profits, after all. Besides, for those wanting a cheaper all-display iPhone, Apple is rumored to have a 6.1-inch iPhone in the pipeline that will use cheaper components–like an LCD display instead of an OLED display–which would make said device more affordable to consumers.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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