• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Time of Pakistan
No Result
View All Result
Home Technology

The IPhone 7 Costs Apple More Than You Think

Jameel Ahmad by Jameel Ahmad
September 21, 2016
in Technology
0
iPhone

The iPhone 7 costs Apple more than you think

0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

All that new tech crammed into the new iPhone 7 isn’t coming cheap for Apple. Apple’s materials and manufacturing costs for the phone total $224.80, according to a teardown estimate by researcher IHS Markit on Tuesday.

[contentblock id=3 img=adsense.png]

That’s up about 18 percent from the iPhone 6S, released last year. 

 iPhone
The iPhone 7 costs Apple more than you think

Apple kept the base price for its newest phone the same, at $649 nearly three times the build costs. An Apple representative didn’t respond to a request for comment. The rise in manufacturing and materials costs — but not the price to customers — points to a maturing phone market, where most anyone who wants a smartphone already has one. That means that Apple, Samsung and other manufacturers don’t have many places to go to find new customers. Instead they need to work harder to persuade their current users to upgrade to the newest device or try to steal customers from another manufacturer.

[contentblock id=2 img=gcb.png]

All this heated competition should cut into Apple’s profitability; it’s already reported two straight quarters of weaker iPhone sales. Consumers are much more sophisticated, they demand more,” IHS Markit analyst Wayne Lam said in an interview. “So innovation will keep coming and costs will creep up.” To help boost sales, Apple has been coaxing customers to buy more expensive models, including the larger iPhone 7 Plus or iPhones with more storage. 

Read More: iPhone sales to fall for 1st time

[contentblock id=3 img=adsense.png]

For the iPhone 7, the look of the phone is the same as from the last two years, but the company added water resistance, a new processor, new display, new camera and updated the home button. The company also eliminated the headphone jack to make room for a larger battery and its haptic motor. Even though the iPhone 7 is costlier for Apple, the company has still managed to keep costs in check better than Samsung, Lam said. It costs Samsung about $265 to make its Galaxy S7 phone, but the company sells the device for roughly the same price as the iPhone 7.

Previous Post

NAB To Take Action On Panama Leaks After Collecting Evidences Chairman

Next Post

PM Nawaz Meets Iranian President And Ban Ki-Moon Discusses Kashmir Issue

Jameel Ahmad

Jameel Ahmad

Related Posts

Largest IT Outage
Technology

Largest IT Outage in History Brings Y2K Fears to Reality, Says Web Security Expert

by Jameel Ahmad
July 19, 2024
Facebook
Technology

Facebook Restricted Across Multiple Service Providers in Pakistan: NetBlocks

by Jameel Ahmad
July 18, 2024
Elon Musk buys large stake in Twitter, sending stock soaring
Technology

Elon Musk buys large stake in Twitter, sending stock soaring

by Jameel Ahmad
April 6, 2022
Microsoft announces Windows 11 with updated UI and Android app Support
Technology

Microsoft announces Windows 11 with updated UI and Android app Support

by Jameel Ahmad
June 30, 2021
Facebook, Pakistan work together to Fight Covid Misinformation
Technology

Facebook, Pakistan work together to Fight Covid Misinformation

by Jameel Ahmad
June 30, 2021
PHC Lifts ban on TikTok, tells PTA to Ensure objectionable Content is not Uploaded
Technology

PHC Lifts ban on TikTok, tells PTA to Ensure objectionable Content is not Uploaded

by Jameel Ahmad
April 1, 2021
Nasa Releases Mars Landing Video, Calls it ‘stuff of dreams’
Technology

Nasa Releases Mars Landing Video, Calls it ‘stuff of dreams’

by Jameel Ahmad
February 27, 2021
Next Post
PM Nawaz meets Iranian President,

PM Nawaz Meets Iranian President And Ban Ki-Moon Discusses Kashmir Issue

Popular Stories

  • Google shuts failed social network Google+

    Google shuts failed social network Google+

    0 shares
    Share 0 Tweet 0
  • Watch Video: Indian Father Buried His Ten Year Old Daughter Alive

    0 shares
    Share 0 Tweet 0
Time of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • 11th J.A. Zaman Memorial Open – Powered by Gem Golfers
  • Imran Khan and Bushra Bibi Sentenced to Jail in £190 Million Case
  • World’s Largest Submarine Cable Arrives in Pakistan: Could This End Internet Woes?

Times Of Pakistan © 2024. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In