London Daily

Focus on the big picture.
Saturday, Jun 21, 2025

Here's how much it costs Apple to make each £1,199 iPhone 14 Pro Max

Here's how much it costs Apple to make each £1,199 iPhone 14 Pro Max

Apple’s gadgets have a reputation for being, well, a bit pricey.

The current flagship iPhone 14 Pro Max has a base price of £1,199. If you push the internal storage up to 1TB, the price goes up to £1,749.

But now we may have an inkling of how much the phones actually cost to make.

A report from global industry analysis firm Counterpoint Research looked at the blended bill of materials (BoM) cost for a 128GB iPhone 14 Pro Max. That is, a tally of all the costs related to the physical aspects of the device.

Taking into account things like camera, display, battery and processor, Counterpoint estimates the BoM is less than half what you’d pay for a retail iPhone 14 Pro Max.

Their research puts the total at $464 (£384) for each 128GB iPhone 14 Pro Max Apple produces.

Most of that costs seems to come from the A14 Bionic chip that’s at the core of the iPhone 14 Pro Max giving it all its power.

‘Apple’s new-generation mobile processor, the A16 bionic, contains a whopping 16 billion transistors, a 6.7% increase from the A15’s 15 billion transistors,’ the firm explained.

‘This facilitates improved CPU, GPU, neural engine and camera ISP performances. Due to its more advanced 4nm process, the application processor alone is estimated to introduce a cost increase of $11, driving the processing category’s share to 20% in BoM cost.’

Apple’s in-house processor makes up the bulk of the materials cost

Of course, there’s more cost to a phone than just the BoM. It doesn’t take into account the R&D required to build the device or any of the shipping costs to get it to stores or the cost of ongoing support during its lifetime. It also bears pointing out this is an external analysis and hasn’t been confirmed by Apple itself.

But it’s still interesting to get a potential cost breakdown of one of the most popular consumer electronic devices on the market.

Meanwhile, rumours have suggested Apple could introduce an even more expensive phone – dubbed the iPhone ‘Ultra’ – in 2024. Apple analyst Mark Gurman says this would be a step up from the Pro Max models and could cost even more.

Customers inside an Apple store in New York


In January, Apple CEO Tim Cook also hinted at the possibility of increasing prices on iPhones.

‘The iPhone has become so integral into people’s lives,’ said Cook during Apple’s earnings call. ‘I think people are willing to really stretch to get the best they can afford in that category.’

Newsletter

Related Articles

0:00
0:00
Close
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
×