How much will the iphone cost

How Much Does It Cost To Make An iPhone?

14 Year Anniversary Of The iPhone

iPhone Bill Of Material Costs Vs Retail Pricing

The 9th January 2019 is the thirteenth year anniversary of Steve Jobs announcing the original iPhone at the Macworld convention (2007). Considering the retail price of the iPhone continues to rise, in 2019 the iPhone accounted for an average of 53.89% of Apple’s revenue. BankMyCell decided to create this visualization showing both the evolution and value comparisons of the iPhone’s technology, BOM costs, and retail pricing. Using teardown estimates from HIS Markit’s benchmarking services, we can see how much each iPhone cost to make over the last 13 years.

If you have an old iPhone you want to trade-in or do simply price check to see how much it’s worth, we also offer an iPhone buyback comparison service in the US, you can see live prices right here.

How Much Did Your iPhone Cost To Make?

Average iPhone Manufacture Cost (2007-2020)

We cover all the Tech Insights and IHS bill of materials per device below in both text and graphic formats, here are the average costs of building an iPhone:

• Estimated iPhone material costs ranged from $156.2 to $450.50 (model dependant)
• Retail prices of these entry-level iPhones ranged from $399 to $1099 (2007-2020)
• The difference between material cost and the retail price ranged from 27.6% to 44.63%
• Projected markup ranged between 124.06% to 260.17%

Apple axed some profits in 2019 models: The iPhone with the most expensive estimated materials cost is the iPhone 11 Pro Max 64GB at $450.50, which is 35.49% of its retail cost of $1099. The iPhone with the highest estimated materials cost in proportion to the original RRP was also the iPhone 11 Pro Max 64GB at $450.50 material cost, which is 44.63% of its retail cost $1,099. So, this data shows that the 11 Pro Max had the least % margin since the original iPhone according to bill of material data.

When the second model was released, the iPhone 3G, the estimated bill of materials was $51 less than the original, and the phone retailed for $100 more which doubled Apple’s markup. This was, in fact, the lowest percentage of the retail price at 27.76%, later on, the iPhone SE was the only device to be released that was actually cheaper material-wise at $156.2.

The costs are representative of parts and do not account for research and development, logistics, marketing, and other general business costs. Additionally, the iPhones cost of manufacturing $3.80-$8.00 per device was not included as it was not available for all devices. Sources: Statista, IHS, GSMArena

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How Much Does an iPhone Cost? Prices of all Apple Mobiles

The price of the iPhone is (and it seems that it will always be) a controversial factor among many users. There will be those who think they are expensive, that they have a fair price and even those who believe that they are cheap. Now, how much exactly does an iPhone cost in Apple Spain? We will solve this and other doubts in this article so that you can see what this value is and judge these amounts for yourself. And also not only those that are sold now, but we will also see prices of older iPhone that are no longer for sale.

When does Apple lower the price of its mobiles?

Apple not only sells the latest iPhones in its stores, but there are also some older generations that are still on sale. The date on which they usually launch the new ones is between September and November , being at that time when they withdraw some of the previous ones from the sale and lower the price to others. At no more time of the year do the prices drop, which means that there is a lower devaluation of the price on their devices compared to those of other brands.

This drop is usually 100 euros and if the phone is on sale for more years it continues to drop in similar amounts. Obviously you can always find offers in other stores or financing methods in Apple itself that make it possible to buy in a more comfortable way, but in no case that low official price unless the aforementioned circumstance is known. At least this is what has happened over the years.

The iPhones that are still on sale at Apple

These are the Apple mobile phones that the company currently sells through its online store (either on the web or in the app), as well as in physical stores known as the Apple Store. In all of them there is price unification, so you will not find in any of them a variation with respect to another.

iPhone SE (1st generation) prices

This device was launched in March 2020 and since then Apple has not dropped in price at any time, thus remaining the same as in its origin. It is available in three internal storage capacities and up to three different colors: red, white, and silver. Its design is based on the 4.7-inch iPhone 8, although its interior has been updated with an A13 Bionic chip identical to the one that was added in its day to the iPhone 11, 11 Pro and 11 Pro Max.

• 64 GB of storage: 489 euros
• 128 GB of storage: 539 euros
• 256 GB of storage: 659 euros

iPhone XR prices

This phone dates from 2018, as it was introduced and launched at the same time as the iPhone XS. The company has continued to maintain it despite the arrival of new generations, being one of the best options in its catalog in terms of value for money, although some original storage versions no longer have them. It is available in six colors: yellow, coral, red, black and blue. At the time it started from 859 euros, although now these are its prices at Apple:

• 64 GB of storage: 589 euros
• 128 GB of storage: 639 euros

iPhone 11 prices

This phone launched in 2019 saw its ‘Pro’ brothers leave the Apple catalog, but it kept lowering the price of its three storage capacities. It can be purchased in black, green, yellow, purple, red or white. At the time it cost a minimum of 809 euros, but in October 2020 this price was lowered, remaining as follows:

• 64 GB of storage: 689 euros
• 128 GB of storage: 739 euros
• 256 GB of storage: 859 euros

iPhone 12 mini prices

Of the latest generation of iPhone released by Apple, this has turned out to be the cheapest. Since it does not have a natural successor presented, it continues to maintain the same price as in its origin when it was launched (November 2020). It has three storage capacities and six available colors such as black, white, red, green, blue, and purple. That last color was subsequently launched on the market in May 2021.

• 64 GB of storage: 809 euros
• 128 GB of storage: 859 euros
• 256 GB of storage: 979 euros

iPhone 12 prices

With practically identical features as the ‘mini’, this mobile is only differentiated by a larger size and a higher price. Its capacities and colors in which it is available are the same. Regarding the price, we can buy it with the following quantities, depending on the storage capacity they have.

• 64 GB of storage: 909 euros
• 128 GB of storage: 959 euros
• 256 GB of storage: 1,079 euros

iPhone 12 Pro prices

The second best Apple iPhone currently hit the market in October 2020, with a higher price than the previous two, although also with more advanced features such as its base memory capacity that is complemented by two others. It is offered in four colors to choose from: silver, graphite, gold and blue.

• 128 GB of storage: 1,159 euros
• 256 GB of storage: 1,279 euros
• 512 GB of storage: 1,509 euros

iPhone 12 Pro Max prices

This is the most expensive iPhone that exists today, which has been on sale since November 2020 with a price that has not changed a single iota at Apple. Its difference with the small ‘Pro’ is 100 euros in all its capacities, having aspects in common such as the four colors to choose from or the ROM memory that it integrates.

• 128 GB of storage: 1,259 euros
• 256 GB of storage: 1,379 euros
• 512 GB of storage: 1,609 euros

Other iPhones that if they sell other stores

There are other iPhones that, despite not being for sale at Apple, are still being sold in different stores. It is true that their stock is more limited, but they also have cheaper prices than in their departure. Of course, prices can be very different, sometimes finding notable differences between stores. Amazon offers some of them at prices that, as a general rule, are usually among the best on the market.

Here is a list with the price they had at the time when they were launched on the market, so that you can see how much their value has been decreasing compared to that moment. Also a link to Amazon where you can see the current prices of these models, although some of them are sold only reconditioned.

• iPhone 7 (2016):
  • 32 GB: 769 euros
  • 128 GB: 879 euros
  • 256 GB: 989 euros

• iPhone 7 Plus (2016):
  • 32 GB: 909 euros
  • 128 GB: 1,019 euros
  • 256 GB: 1,129 euros

• iPhone 8 (2017):
  • 64 GB: 809 euros
  • 256 GB: 979 euros

• iPhone 8 Plus (2017):
  • 64 GB: 919 euros
  • 256 GB: 1,089 euros

• iPhone X (2017):
  • 64 GB: 1,159 euros
  • 256 GB: 1,329 euros

• iPhone XS (2018):
  • 64 GB: 1,159 euros
  • 256 GB: 1,329 euros
  • 512 GB: 1,559 euros

• iPhone XS Max (2018):
  • 64 GB: 1,259 euros
  • 256 GB: 1,429 euros
  • 512 GB: 1,659 euros

• iPhone 11 Pro (2019):
  • 64 GB: 1,159 euros
  • 256 GB: 1,329 euros
  • 512 GB: 1,559 euros

• iPhone 11 Pro Max (2019):
  • 64 GB: 1,259 euros
  • 256 GB: 1,429 euros
  • 512 GB: 1,659 euros

iPhone already discontinued, how much did they cost?

Many of the iPhones that we are going to see below can still be found in some second-hand stores and may even be completely new in a certain store in some remote part of the world. However, it is not common to find them, much less new. Most in fact have already been declared vintage by Apple for not manufacturing new units and even updating the software, although the iPhone 6s are updated.

The price list that you will see below does not refer to its current value but to what its most basic and highest memory versions cost in Spain on the day of its official launch:

• iPhone (2007): it was not officially sold in Spain.

• iPhone 3G (2008)
  • 8 GB: 199 euros
  • 32 GB: 299 euros

• iPhone 3GS (2009):
  • 8 GB: 329 euros
  • 32 GB: 369 euros

• iPhone 4 (2010):
  • 8 GB: 599 euros
  • 16 GB: 699 euros

• iPhone 4s (2011):
  • 8 GB: 599 euros
  • 64 GB: 799 euros

• iPhone 5 (2012):
  • 16 GB: 699 euros
  • 64 GB: 869 euros

• iPhone 5c (2013):
  • 8 GB: 599 euros
  • 32 GB: 699 euros

• iPhone 5s (2013):
  • 16 GB: 699 euros
  • 64 GB: 899 euros

• iPhone 6 (2014):
  • 16 GB: 699 euros
  • 128 GB: 899 euros

• iPhone 6 Plus (2014):
  • 16 GB: 799 euros
  • 128 GB: 999 euros

• iPhone 6s (2015):
  • 16 GB: 749 euros
  • 128 GB: 969 euros

• iPhone 6s Plus (2015):
  • 16 GB: 859 euros
  • 128 GB: 1,079 euros

• iPhone SE (1st gen. 2016):
  • 16 GB: 489 euros
  • 128 GB: 589 euros

Evolution of the price of the iPhone

This graph refers to what it costs on average to buy an iPhone in Spain since 2008, including even the ‘SE’ models. If we go into detail with prices like those seen in this article, we observe that in certain iPhone categories there has been a stagnation since the price does not fall, but it does not rise either. In specific models we do find some increases such as the passage from the iPhone 11 to 12 which went up, although previously when going from the XR to that 11 it had gone down.

The market trend in the early years caused the price to rise considerably, although the base margin of 1,000 euros was not broken until the iPhone X arrived in 2017. It is precisely this that has set the standard in a certain way. at 1,159 euros for the most advanced versions of the iPhone in recent years.

We must also take into account that in the first years a single iPhone model was launched that was always considered high-end, while lately versions that are still considered high-end have been launched, although with somewhat lower features that help to the price is lower. To consider is also the case of the iPhone SE, which have been launched as reissues of other phones, with similar designs, although with processors adapted to their year that despite everything allow them to be the cheapest mobile phones of the company.

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