🤯 You Won't Believe How Much an iPhone Really Costs
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- Опубліковано 13 січ 2024
- The man who met the head of the company that makes iPhones in China exposes the real production cost of one iPhone.
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What was your guess?
I guessed 12 dollars
10 dollars
10 Dollars because I know it. Pepsi water for I liter = $0.01
my guess was 20$
Not joking, I really thought it was 20$ Because if the product actually cost a good portion of their expected returns, then they'd simply make it locally, they wouldn't have to outsource it to China.
But 10 dollars is freaking wild. China really likes playing dirty, huh. Even at their own cost
6 buckz
If you can’t convince them, confuse them
😂😂😂😂
Read a book called behold a pale horse tells you how the government blinds us and corrupts us it's insane it goes all the way back too the 70s and 80s
But seriously though!
gua gak nyangka Gita wirjawan ada di Channel UA-camnya orang luar, wkwk
Its the labour cost (including the cut to the company) to assemble the components - battery, display, motherboard, speakers, camera etc. to make the final product
He confused everyone for sure. He meant labor cost but used the word total cost
No they give 0.20 labor cost no jokes
I would think there is very little manual work on a phone. I guessed exactly right btw.
It is total cost nimrod
Exactly. I would have guess wrong regardless, but I sat the rubbing my head saying “well… define to make… so much other factors are at play, but I’m gonna guess $20.” I though that was disgusting, and I doubled it.
Laber cost to assemble all the finished components right? Cause the total labour cost while manufacturing all the components of the phone is so not 10 dollars 😅
Y'all should know...
Remember when $19.99 CD's cost 3¢ it's the same metric nothing has changed.
CEO of Foxxcon is smart. He could make this guy believe that iPhone is costing $10.😂
Frank Sun? I know the guy, he is that crooked.
Cheap stick!
And this guy was an Indonesian minister 😢
You really think there is something special about iPhones?
People just could not believe that an iphone to make as is, cost so little when it might be true. The only reason you guys don't want to believe it because you don't want to feel scammed but he might probably saying the truth but what he does not mentioned their is the other costs outside china but in all we know he was saying the truth. Remember apple is buying as bulk so it is more cost efficient which is why it cost less. And like I said there might be other cost to that outside chine which might add additional costs but still would not think that it cost more than 300 USD and they are selling that phone 3X or even 5X of that manufacturing and sell cost. That is how greedy companies have gotten and why human society will fail in a few years. Trust me it happened in the past centuries and will happen again. We as society don't learn and still be greedy globins in this blue earth.
Bro graduated from Burger King
Making a phone aint expensive. 10 dollar to make a phone is normal prizes. The research and everthing makes the phone expensive. To make it its like 10 dollar. A shoe that sels for more then 1000 dollars also cost to make less then ten dollar.
@@EditzDLNanother burger king alumni showed up
Yeah, says "make", so we don't know if he means total cost of all parts an assembly. Lets assume it's 10 for all parts and assembly and also operating costs of the factory, which I doubt. That's the factories' cost to complete the product. They need a profit margin because they're not doing it for free, then they need to ship the product, then apple needs to recover their operating costs. Only after all of that can you calculate how much it costs apple to make an iphone.
He's not to far off, abc went there in 2012. It cost Foxconn 30 bucks to make it but that's not including materials that's just pay. They pay less than 2 an hour. So in reality it's about 100-300 with everything included
Bro’s the former trade minister of Indonesia. Gita Wirjawan.
“trust me bro, it’s actually 2 dollars”
Why i trust you
He met the guy who make those :D I thought the factory is making them
Facts!!!!
For the record, most of phone spare part are cost no more than 0.1$ BUT to make it work simulatelisly you need a lot of paperwork 😂 and that's where your money going
Ya I know but it still not make sense to say it cost $10😂@@dearyl1144
Bro said 10$ with a straight face 😂
I guessed 7.
Labor cost lol
Source of information “I swear to god”
When he died God‘s gonna want a word with him about that one
Production of each iphone cost 10 dollars not parts inside
What the hell does that mean ?
@@user-do3mo9vv6yhe means assembly is $10. The cost of the components is way more than $10.
Exactly!! These clips kinda piss me off because obviously the production cost of an iPhone will be less than 50% of the sales price or they wouldn’t be able to be so successful , but $10 is just the assembly . They production chain is a whole different thing . Chips , camera everything is manufactured somewhere else and is delivered to Foxconn for the final assembly .
@user-do3mo9vv6y Imagine i give you a gold watch with diamonds in parts to assample, and i pay you $100, is it a $100 watch?
Really ?you don't understand lol@@user-do3mo9vv6y
Even apple was surprised 😂😂😂
Nah the fact that the Chinese got factories setup just to knockoff products like this is a bit disturbing and disappointing. It just goes to show that they can’t even think of an original idea or product to produce themselves.literally their entire economy is based on stolen ideas and technology. With no quality control, accountability, oversight, and morals. Just look at their food production. And then they wonder why their economy is failing.
😂
Hahahaha
That was hilarious
😂😂😂
He didn't word it properly. It costs 10 dollars for the labor. The computer chip in there is more than 200 dollars by itself.
No its 10$ for the parts labor is less some say.
@@Tigerex966no the production cost is 10$ production means assembly of the phone which doesn’t include the cost of the parts, the parts of a newer phone roughly cost 423$ or more depending on the type of it
@@Tigerex966and just to clarify theres a difference between production and full production cost and that foxconn is only responsible for assembly the parts are imported from either apple themselves or other companies so the production part that foxconn supplies is only the assembly part
@@cal3669 my numbers fir the base phone show 126$ and $8 slave labor in india its cheaper
Okay but how much does it cost to make that computer chip? 🤔 probably even less than $10
It is a lie. He should say assemble not make. It is manipulation.
Bro gets his finances done by a burger king employee.
Well maybe Burger King teaches better finance than to where you go to study cuz he's in a podium with thousands of listeners
@@paulgap7012🤡
They probably do cost $10
Are u surprised? Printer ink cost 20cents to make and we buy for £50+ 😅
Atleat h got his finance done by a human
Wat abt u
👅👅👅👅👅
"$10"
"Huuuuhhh!"
"I swear to god"😂
He is actually right! I wont believe it.
Does it include equipment, land, salary etc? or just raw materials?
@typical_watcher4599 even raw material it won't be 10 bucks. Everything is outsource and assembled in China. The chip alone cost 100
They buy and have been buying stuff in huge bulks for long time now. Things are reduced to cents when you buy in such massive quantities.
@@internalharmThat chip that's made in China is worth a $1
He didn't confuse anyone. It is reality. Many years ago, Chinese workers were paid $2 per day, and each worker produced one hundred Nike shoes in a day, and the Nike shoes were sold $150 each in America. It is all about productivity, stupid. That is why many corporations want to invest in China.
For workers in factories that assemble electronics like iPhones, the wages are often at the lower end of this scale, but large international companies may offer slightly higher wages along with better working conditions compared to local standards. These wages have been rising over the years as China's economy grows and the cost of living increases, especially in more developed urban areas.
$10 is the manufacturing cost, parts are not included, research and development cost also not included, marketing cost not included.
I looked it up it's not 10 it'd like 460
It's actually 10 dollars including parts. The cost of R and D shouldn't be considered because it is a one time cost and can be evenly distributed over 1000 units or more until the r and D cost becomes negligible.
@@netwraith8215how far of reality do you want to be?
Netwraith8215: Yes, please!
@@netwraith8215 no it is not, sony wont give you their best camera modul for $1 or $2.
No matter how much you try you can't justify the the price of iPhone
Accept the reality iPhone is looting people in name of status people are soo stupid they copy rich people
now the chairman won't allow him to enter the factory ever again
🤣🤣🤣🤣🤣🤣
😂😂😂
Ouiga slaves work free
You don’t mess with the Chairman.
lollll
Of course, that's why Every huge corporation wants a manufacturer in China or India, because they can pay cents for every worker, and workers from those cents has whole salary which is as good as every other
Don’t forget research and development software an constant software upgrades that’s what cost to start with
King you dropped this 🧠
😂😂😂😂😂😂
🤣🤣🤣🤣
🤣
No you dropped it he said to make not how much it costs, the actual assembly isn't expensive because of horrible underpayment
💀💀💀💀💀
So misleading, the labor cost to assemble all of the iphone is $10. In total it costs around $450.
Not 450$, around 300$
Not if it's made in China. Chinese workers don't get paid much.
Thank you for having a brain
no all the raw materials cost below 2$ in Usa prices chinese landgrabbers abuse the rich grounds of africa to get cheaper resources just the screen isnt counted but thats just glass but the rest is within 2 dolors
@@sinep6060 total BS. The total cost of parts for the latest iPhone is around $558. The processor alone is worth around $130. You really are clueless. Fun fact, the latest Snap Dragon processor used in Android phones cost around $160 so even high end Android phones aren't produced for peanuts let alone an iPhone.
They are just assembled in China. All the components that go into it cost more than $10 to manufacture
My first phone was two empty soup cans and a string. Cost: 10 cents.
😂
Same here
😂😂
And got better reception
Same
I used to work in Apple Foxconn’s supply chain and can confirm this man is misleading. The cost of assembly was approximately $10, the total COGS is approx $400-$450
No your 100 percent wrong it cost 30 bucks for parts and everything nope your wrong
cope
@@supremeteam3112and you know anything, how? lmfaooo??
Yup plus apple doesn’t make much on the phone itself. It’s the software
@@supremeteam3112would totally believe some kid than Apple’s own financial statements.
research & development, part cost, marketing, server maintenance, apple store costs, regular employee salaries and shipping have all left the chat...
Perfect oversimplification. 10$, not including the parts, the factory cost and maintenance, the electricity, the insurances, HR costs, the coffee machine, the cleanup crew and whatnot.
He misspoke. He's talking about the cost to assemble it, which is about 4% of the cost of the bill of materials.
so 250bucks then?
Yup! 5% of costed BOM.
Its not 10 dollars. Total is close to 100 dollars
Then you need coders, designers, nevermind the tools used to assemble it in the first place
He did not misspoke, he mislead ppl. The samething he did as a minister in Indonesia, zero contribution.. He is full of it.
It’s the price we pay for not knowing how to build one ourselves.
How old are you. America manufactured everything, it’s greedy dirtbags who forced manufacturing overseas to yield bigger profits. They are still at it with AI now and will strip white collar jobs from US citizens as well. Until the people wake up this will continue to happen.
So go build one. While you're at it, develop the software that makes it do all of the things it does.
Jared you can try to be a smart-ass, but her words are truthful
@ajw9377 that's the issue
@@jaredweiman2987 She literally just said we don't know how to build one 🤷. Then you think you're being a smart ass by telling her to try and build one 🤦.
There's a lot of people on here that can't cope with the fact that their prized $1200 object that runs their lives is 10x less than the value they paid.
$10 in labor cost. $406 total cost per phone.
That is why you don't listen to fools who thinks they're smart.
He means assembly cost of a single Iphone daily, not materials cost or labour cost
it's a 30 second short
You won't get all information from it
But seriously diving deeper into this you realize how stingy apple really is
They can't even pay these the US minimum wage per hour 🤦🏾♂️
Overall cost is above 450 per phone and sold above 1000
So, this guy went to UT Austin & Harvard and he was also a minister of trade in an Asian country and yet some random iphone lover who failed econ exam in high school thinks he's a fool because he roasted their phone lol en.m.wikipedia.org/wiki/Gita_Wirjawan
You're a fool
Or fools who think that's the smart phones businesses doesn't scam people's 😂😂 even if it doesn't cost 10$ even if it costs the highest guess 300$ y'all are still being scammed . For paying over a 1000$ for it .
@@aa8995what about research and development costs?
🥳 🎉 🪅 🎊
😂😂
The CEO of AliExpress and Alibaba were also present. They were all playing Mahjong when he came to be a drag. 😂😂😂
Shopping like a billionaire. Ooh yeah! 😅
Reading comments like yours makes me happy because it reminds me of how poor of an understanding the average person has of economics / critical thinking and thus how weak my competition in life is. Thank you for your sacrifice.
@jordanwiley1283 I completely understand how the iPhone costs are cut so much at wholesale.
That's about how much it costs to piece the phone together while in China. The shipping costs, software implementation, and USA labor costs are more
raw materials probably arent worth that much, it does fit into your pocket afterall but the R&D to develop an iphone is astronomical in comparison to the actual material cost.
It’s like $394 to get an iPhone to the consumer. It’s widely reported each year by various media outlets in the USA. The WSJ does a breakdown each year.
This more make sense but i think less than that
@@shafaharis6869it’s a little less, but the machine alone that creates phone chips is soooo expensive, just search it up and look at it. The thing is crazy
thats wrong otherwise apple would make the factories in the US or Mexico
Yes thanks to the tariffs
Its gotta be way less but ofcourse they wont say, apple aint worth trillions for no reason
The labor cost is $10, parts are about 150-200, thats a lot of money for profit and r&d
How do you know parts are 150 to 200...
So *at most* an iPhone cost $500 to make when they cost around -$2000- $1000
This is why I -hate- don't like Apple
They overprice everything *_HEAVILY_*
I edited some stuff because I went a bit overkill, my notifications are blowing up and I feel the need to clear some stuff up.
Note that just because I say Apple overprices their stuff doesn't mean Android doesn't either. Android still has some overpriced phones but companies like Samsung don't rediculously overprice _everything_. Usually just phones, computers and wireless earbuds. Also you can find a good android phone that has good specs for as little as AU$400. Whereas the cheapest new phone that apple has is about AU$6-700.
@@yourlocalidiot69420in business in happens 😂
Include the development into the labor cost and it will go up a lot.
@@yourlocalidiot69420you get what you pay for. They have a high resale value for a reason not to mention longevity.
You’re leaving out the research and development process costs, transportation costs, design costs, software development costs, infrastructure costs and taxes on all aspects of the creation of the product.
If labor cost is 10 dollar for each phone, the worker will be rich by now.
The processor alone is way more than a tenner, he must mean labor costs.
Buying in bulk makes things a lot cheaper than you think. I'm assuming you've never ordered things wholesale from a manufacturer production facility before. It's really not that expensive unless you're making it yourself. Mass production is much much cheaper.
You really don't know anything about mass production, do you? When you buy in bulk you can buy a discount. That's basically how it works when things go on sale at a supermarket. It's much cheaper for them in the end because they can take all these random items like; plastic, solder, carbon, aluminum alloys, glass, magnesium, ceramic, fiberglass, copper, etc and make something out of them then rocket the 10¢ each item each was and make the end product $600. Let's say it was 10¢ for all the individual items all together and now the end product is $600. That is a 599,900% increase.
thats exactly how western keep questioning how the hell china suddenly became world leads in just 1-2 decades
I am sure when Apple buys the "processor", Apple buys them by the millions. Now, each telephone with all its parts assambled and softwares installed, probably it is less than $10.00. Once more, it is quantity to get to be so low in price.
@@adalbertomartin1896dude if apple buys 20 million and cost less than $10 to make an iphone you think tsmc is selling a chip just to make less than 100 million when building a factory and RnD of a processing node cost billions of dollars?
When someone says "I swear to God" you better believe them.
I mean I made custom doors at work at my house for $0 start to finish getting scrap wood, using a $700k machine to bore out the bore hole, mill out the hinge prep, case the door, add trim. And get it delivered to my house. Though overall it took maybe 8 hours and me doing light work it was pretty much done in a day longest wait time is the wood glue to be dry enough. Would cost around 300$ in wood for my door. Then have to pay everyone 15-30$ an hour under the table, to get it done easily and quickly. But then if i were to pay my own company at employee discount rate would of been around $900, but since we have access to the machines that make it fast and easy (they allow us to use any machine as long as its on breaks and lunch) we can build whatever with scraps and anything that is headed for the trash. I mean sometimes we throw entire doors, with hinges and jambs out wholesale. So just have to tell the boss "this thing is going to the trash can we take it home?" But funny how he doesn't mention the incredible set up to make it. The entire chain has to be in place to make it cheap. Thats why lots of places have minimum orders for bulk pricing, since you need to support the chain!
He probably meant cost of labor not cost of materials.
It cost alot more than $10 to design the internal components, aswell as the software to run it. Thats what your actualy paying for.
Well who’s at fault here? The consumer who buys the latest shit for the price of a fucking car
It’s Capitalism. We were all brought up in it in the US. Cheap labor in Asia is the reason American factories have greatly diminished
@@Allthebest1010you are right it IS capitalism. But the truth is also that in capitalism the consumer can make a choice. You can deny buying a phone for 1500€. Especially if you know it only costs a couple of hundred dollars to make it. If enough people don’t buy the price has to go done. But people are so god damn brainwashed into thinking they HAVE to buy the latest product even though it differs almost not at all from the older one.
yeah there is no way the politics could do anything about this its all the consumers fault
@@Allthebest1010 Yeah communism really worked out nicely in the Soviet Union 😂😂😂
@@Peter-jo6yu69 years
He didn't say the phone cost 10 dollers but the cost of producing it simple....
Someone with a brain
Yeah , the truth about the phone electronic is more then 10 dolars and i just talking about electronics not rnd and stuff.
Whatever makes you feel better about spending almost 1k a year buying the new verison. P.S the material isn't much more they recycle most of it.
Ngl I fell for it too. But that said I wonder what is the cost for the parts.
With components 400 to 500 is what it will cost you pay for the ecosystem and user interface
not sure where you get that $10 cost from because the component cost is $423
Piece of crap all iPhones break on one drop worth a nickel in my eyes when they meet hell they will realize they are all lost forever
"To confuse the audience, you must confuse yourself first"
~Confucius
IN LATIN AMERICA TO MAKE A LEVIS JEANS , COMPANIES PAY $5.00 A DAY TO SOMEONE TO MAKE 25! PAIR OF JEANS
Confusius*
Glad sometimes Sun Tzu takes a break in the quotes
Shang Zu wins!
If you confused me, is that mean im confuseded ?
It may cost $10 on direct costs but there is also R&D, marketing, distribution, head office costs etc. so actually the true cost per unit is much higher.
I did some research and it cost actually $7.99.
Source: I visited the factory, trust me bro
3 times!
How many times?? Who did you meet? The CEO's wife?? 😂😂
30 times? 😅
Jesus died on the cross so you can have forgiveness of sins and eternal(we dont know when we will die so the best time to accept Him is now)
Was it like a good time to come over and watch the factory reset a button that says a lot of people are here waiting to see if they can get long as you can use it for a while but I don't think it will be a good day for you guys to come over
Its the technology in the phone people pay for, not the $10 in plastic and labor
Now factor in research and development, profit margins, marketing budgets, payroll costs....
Never been more proud of a comment section. All of you shutting down the misinformation
Good job
I figured $15-$20. I will never own an iPhone. Id take my $4 Android any day.
@@FatGuyTries my boy you have the right choice in my opinion, Android made my childhood cause Apple couldn't apk. And I was broke af
@@Follow-Jitterbolt-on-kick IKR!? My whole family are iPhone users makes me sick. Speaking of broke 😭 this is a free Medicaid phone thru SafeLink. Anxiously awaiting my food stamps! BAHAHAHAHAHA 😂
100th like lessgooooo
@@Follow-Jitterbolt-on-kickit could tho yall just didn’t know how to do it
The craziest part is how we line up year after year complaining it no longer works right after making payments on it (still isn’t paid off or just barely paid off) asking for the next one. We are all sheep in this game. Make no mistake.
I don't line up for nothing. Maybe you do you sheep. Pixel got the win. Sheeple crack me up
My first smart phone (samsung) lasted 6-7 years(not really sure) and was obsoleted by sprint/t-mobile going to 5g in 2021 and the phone I have now should last that long(hopefully), so who knows when I will get a new phone.
U gotta stop being a fan boy and just rock out….. ive had my iphone 11 since it released. All i need is text , internet and phone calling everything else is just extra
If your iPhone isn’t working after one year you’re abusing the shit out of it. These things last longer than the battery does. Replacement battery and you could get many years out of it. You just want the newest shiniest one.
Nope, not me. I kept mine for 8 years. Not into the latest greatest con. Then I ditched apple completely when their own updates fubared their own product to make it a paperweight. APPLE ASSHOLES !!!
That’s the cost of labor. The components cost almost $500 for the top of the line model.
Assembling and "making" is not the same thing.
Designing and manufacturing from scrap to consumer product costs nearly 50% of it's retail price
10 dollar is Labour cost to assemble the iPhone.
Overall it cost approx 500 dollars.
Parts, shipping, packaging.
Excluding R&D cost, which is the highest
Nope, somewhere in the 300-350$ range
Nope. $10 for parts labor and packaging. Shipping and taxes depend on the location.
The r&d is the bulk of its production cost and is conveniently unmentioned in the video.
Blah blah blah shut the hell up
Lol. None of those costs are on the manufacturer...
This is the problem right now. We think that whatever people are speaking from some platform is all right. 10$ could be the assembly cost, not the total product.
It's less than 50$ for sure. Companies in China sell the exact same phones for about 10-15 USD.
They aren't making it for $10, but I can promise you those phones don't cost more than $100 to actually build. Otherwise, there wouldn't be phones being offered at Walmart for under $100. Phones are incredibly cheap to make. You are literally just paying for the brand name. Just like you can buy a normal pay of shoes for $80 or you can go buy a pair of yeezys for $1000. Do you actually believe the yeezys cost more to make? Or are you just simply paying more for the name of the brand?
Exactly 👍 , and if a video has likes people just press it without thought that's how they get account to grow with nothing good , 1000 dummy accounts ready to like as the vid goes out and bam , stupid wins
@@YouwrongIright the $100 phones are built with cheaper components. The A17 processor used in the iPhone is $130 by itself. By way of comparison the Snapdragon processor used in high-end Androids is $160. The $100 phone is using cheap processors and cheap camera modules and cheap frames. Apple's gross profit margin is 44 percent and Net profit margin is 25 percent. If Apple was selling $10 phones for $1000 those profit margins would be far higher. The comments section is full of know it all with zero industry knowledge and zero financial literacy.
Either way that’s a helluva mark up
$10 final assembly is something different than total cost.
i'm surprised it's that much
we happily pay for the brand
Materials cost $99, labor costs $10….. amazing
Materials are 300-400$, R&D is like millions and labor cost is 10$
marketing, events, running a global network of employees
400 for materials ? 😂😂😂😂 you are delusional 😂
There are $50 RETAIL Chinese phones with AMOLED screens and decent cameras etc with a much bigger production line and access to Patent locked hardware I guess it could be as cheap as that
@@ronaldmcdonald6067lol $400 material cost? Dude it's sand (glass on screen, silicon on tiny chips ) resin (PCB) and ore stone (a few grams of aluminium ) 😂. Also r&d is just the monthly or yearly paycheck of the engineers designing the chip, the chip it self or the tooling to make it is not provided by apple
Im going to think 100 times before buying my next iphone.
It’s pretty simple. If you want it and can afford it in budget go ahead.
But if you care about less of the luxuries or flashy ness there are many phones for under $500. I’ve seen as low as $300 and if you go used and previous generations probably could get lower.
People don't realize that iphone use samsung parts so there's that. Open it up. And one item will be samsung.
If you're buying an iPhone, then you're not thinking.
@@kalishiva18iPhones use roughly 60% Samsung parts I believe.
Let me help you make that decision. What do you use it for? All phones do the same thing. Some phone do take better quality pictures but you're probably not photographer and iPhone doesn't even have the best camera. You're basically over paying and buying the same thing you already have. They add a gimmick to it that you will use it once or twice, and never touch it again. That way you don't feel ripped off. That all have the same memory of 4gb with 8 or 16gb storage. Encase you didn't know, 4gb memory is the lowest you can get that cost $40 and get 1080gb storage for $40 also. So yes, your over paying for nothing
All my life i thought its lower than 100, but 10 , i was'nt ready.
It's unlikely that it's as low as 10$.
Need full story of this
Each unit costs x to produce sold at y but n to develop. The first one is sold at the loss equivalent of y-(n+x). As units are sold the amortization will level off to the point that n becomes nill or thereabouts . This is when the unit becomes profitable.
Why? that's how we work.... we will collapse at some point
The natural materials are sourced by child and poverty wage labor in the Congo. Your phone was probably sourced by slave labor as well.
Parts are cheap once you mass manufacture it. It’s the r&d, engineering, cost of advertising etc that drives up some of the cost. Don’t get me wrong… Apple still makes a lot of money on each one.
Labor costs is the biggest cost for mass manufacturing.
I watched the full video, majority of the people were saying $10 but he was just ignoring them 😂😂😂
Please, Do you have a link to the full video
He just wanted to be the smart guy
He wasn't intentionally ignoring it's called gathering answers to see what people say regardless if the answer was already spoken.
That’s some nerve selling it for $1300, then!
@@cindybogart6062 why? Selling what people are willing to pay. Also have to look after the stakeholders and overheads.
Yep, and everyone needs to upgrade every 2 years to the newest one with having nothing wrong with the older ones.
I guessed 12 bucks...accounting for inflation.
He meant the labor is only $10. And of course other parts are cheap as well. Most expensive part is probably the CPU and graphics. But yeah generally speaking if you are to get one from China is more like about $130-150. 😅
Phones have Chipsets. Not "Cpu and graphics" also 150 for a top of the line iphone is not true. I suspect TSMC charges 20bucks for just the chipset in the beginning. And thats among the cheapest components
not including imports and shipping
@@vablo7198foolish statement. As if a phone can not have a CPU. You should also do some looking into what a Chipset is.
@@vablo7198are you good bro?
@@vablo7198 A chipset is a CPU and has graphics.
It does NOT cost $10 to make that product in China (specifically the Shen Zhen Foxconn site). The labor cost is probably $10, but the components will be far higher than that. The processor alone is likely over $10.
Yeah, this is super misleading. 10 bucks for the assembly labor maybe, but parts and components will be hundreds of dollars. The microchips alone are expensive
you're just as brainwashed as everybody else. they aren't buying one. they're buying a billion at a time. think bigger kid you're not dumb, you're just not thinking right
True
Well the point remains the same. Even if it’s $200 total, it’s still a ripoff.
@@WavyFBabypretty sure it’s actually around half the sale price to make it. Once you add the dev, transit, tariff and SW you’ll find Apple doesn’t make a ton. Apple typically makes profit on apps, Apple care, and accessories.
The guy he talking about looks like SLJ in his Kingsman role
Apples biggest cost is for the Qualcomm processor that runs at 5% of purchase price. That’s why Apple has been pushing hard to make their own processors.
@@TheFrankvHoofyou’re clueless
@@consultant2678 the screen is made by LG and runs their partners about $90 USD. Most high-end Qualcomm SoC's sell to their partners for about $75-80.
@@consultant2678 the displays are made by LG and cost +/- $90. The high-end Qualcomm SoC's go for around $75/80
Are you now just deleting my posts proving you wrong? That's really childish
@@TheFrankvHoof You just proved my point at how clueless you are ! Only UA-cam can delete posts ! Seriously can’t make this stuff up !
Actually sir it's not 10$, it's ten children 💀
💀
😂😂😂
Sad but true perspective.
actually 11.. 2 of them are still infants...
Which equals to 10 dollars.
Absolutely no R&D costs either. Design just appeared into existence.
Right, like, cmon, they upgrade their devices with each generation, adding more stuff and making the phone better, and lets not talk about the time and research it goes into desining every generation.... Oh... Wait... 🫵🏻😆
Bro chill it’s the same rectangle every year 😂 Then every 5 years they move the camera 3 millimeters to the right and call it innovative.
The design has hardly changed. What are your talking about 😂
@@TexMackerson to some degree, but how are they in any way making innovative phones? Nowadays you have phones on the market like the Samsung Fold, which are incredible innovative products. I’m an iOS user, yet I’ll still gladly admit that the product changes less than fucking FIFA and CoD does each year.
@@jag3919 r/wooooooosh
So simplistic. Just take a few minutes to think about the hundreds of different things that have to be in place before you get the finished product.
Greed and people's stupidiy is what caused inflation in the value of things.
Apple hired him after knowing they can make it in 10 dollars 😂😂😂
😂😂😂😂😂
Americans will pay through the nose ignorance is bliss 😅
Apple is selling a 50$ phone for 1000 and tech inside is 7y old soni just laugh if anyone says why you still android it's 2024:... because I'm not stupid
10$ in labor. It's around 550$ overall
But is true. Study some manufacturing managenent and you'll learn something abt it.
Damn bro those thousands of engineers writing the software for 10 bucks
Did you actually listen to the vid, he said cost to make the phone (hardware), he never mentioned software, your just adding you own drama to it
@@hboy8625
um he said "how much it cost to make this (beautiful) product"
Now imagine this product without software.
wtf do you hear?
@@zejamsto make them and program them are different things
@@zejamsexactly lol
Programs / softwares are part of the product.
One of the rich, businessman, ex minister, attended reputable university in United States and many international forums and influential person in Indonesia Mr. Gita Wirjawan which has really development on Indonesia’s economic progress, international relation and much more. People’s commenting here doesn’t really know him and think he’s no one😂
There is alot more than just the material cost that goes into it. R&D alone is probably the largest cost to the company.
Bro got his finance degree from McDonald's
I could agree with you more
Bros he's ex minister of Indonesian his name Gita Wiryawan
He's degree probably more than your grandma
Yet makes more money than you will ever do in your lifetime
A bro 5 million degrees a say.. most in Congress
The production cost of the iPhone 15P is 523$. This includes the parts, materials and labor but does not include research, product design, marketing and software development. He is talking about labor costs only which are of course very low, but the video is still very misleading.
Ah yes 😂 Believe Apple about their material costs. Advertising that they have an 800% profit margin on phones probably wouldn't be good for business. My Moto 5g was 50$ and they still made a profit selling it to me. While it has no "exotic material", I don't even know why you'd pay for that. Especially when it doesn't translate to durability in any way.
In all seriousness, how much research and, product design, and software design could they really be spending? I had the iPhone 7 for like 4 years until I lost it in 2022 and then had to “upgrade” to the 13.. it’s the same shit dude, it’s bigger and feels a little more “sleak” but it’s the same phone.. R&D, product design to me is nonsense.. and RESEARCH, research on what?!
No way does the production actually cost $523. I can go buy basically the exact same phone at Walmart for $200. The only thing different is the brand name.
@@YouwrongIrightif you‘ve once used a phone that costs 200$ you‘ll notice it’s not the same lol
@@pauld.b7129apple doesn’t say anything about their production cost. This was estimated by industry experts, and it makes sense as apple buys most of their parts from other companies (display, batteries, materials etc.) and outsources manufacturing colpletely (foxconn, tsmc etc.) so these companies need to make money. It’s still a really big profit margin
For anyone curious, a quick Google search will show countless sources quoting around $400-$500 each for Apple to make various iPhone 15 models.
I was not ready for the answer
Rnd cost, manufacturing machine cost, maintenence cost, not to forget the workers salary
Don't forget you pay for the cost of the mass shipping and Union workers here handling them into distribution channels of various carriers, advertising and store stocking space and so on, it gets pricey. So as people point out here, he was only talking about labor cost there.
@@user-bu4qv8ss1uand tax
Sorry he meant to say 12.50
Also you're paying for the software apart from the hardware, someone had to pay for it to be developed and installed.
Workers cost 😊
My first was $20 then it was $100. But i think what helps is buying these supplies in bulk
If this is true then what is the material costs?
And why does then people worry about mining cobalt, if the phone costs 1200USD in stores, then you can make cobolt mining safe and ethical, there is for sure hadroom for that.
Then again we are not talking about the research cost to design the next generation of tech, it's not just the production cost that goes into making new products.
Source: “i swear to god…”
😅
But he is staying a fact though
@@bakunawa534and what's the source then
Source: " Trust me bro, i know this one guy.."
@@IgnisPeaksit’s misleading though. he’s right but the parts itself costs like $350 so basically $400 to make the phone.
230 parts 10 dollars assembly and 33 shipping
But still 280$ to make but 5x that to buy..
@@nicholasverdusco1889just like everything else in the world. food and essentials too. 5x markup isn’t even a lot compared to everything else
@@nicholasverdusco1889 it doesn't retail in the market straight from the factory. It needs to go through from suppliers to productions to whole sellers to retailers to customers. I didn't add the import export which cost a lot of money too.
@@servesufactsman I am looking for this comment , man these people are dumb what does they think electricity bill , gas bill , people who are working for them their paychecks ads and lot of other things and I have one more question if making good phone is that cheap why would other companies don’t make smartphones like this on the cheap price and sell it ❤
Definitely not 33 shipping per unit, they are tiny and shipped in bulk
bro you need to start sharing the links to the full presentation.
Even Was surprised 😂😂
He is just talking about cost of labour. Not the raw materials, factory, taxes, retail price.
Insurance
Patents
Marketing
Decade of RND
But they are certainly overcharging us all.
How about shipping, costs associated with other costs of business...
@@filthyfinancials1622😂😂😂
Still overpriced even if you add all the costs, made by people under slave conditions😅😅😅
no, that $10 is real cost, but you need to make it at least 5000 pieces per day
it costs a Doctor 10 minutes to solve your issue, but a 12 years of education at top level.
Dude that’s genius and I’m gonna steal this for convos
It cost a mechanic 10 minutes to fix a problem, but the concepts of physical chemistry and physics took thousands of years to take us to this point, so he should be paid a million dollars.
@@cacjad no that was dumb actually
treating the symptoms. thats all they learn. cant even claim they cure anything
@@signs-of-life3207Modern medicine creates as many future customers as it cures.
Spoken like a politician, he should run for president
I work in PCB manufacturing so I thought maybe $28? The touchscreen and storage space are probably the most expensive parts
Total cost is around $400-500. It's not just labor. It's the material, R&D Marketing amd shipping.
and
You can put in a Ship container 2 millions Apple 🍎 cellphone 📱 📲 📳 🤳 no matter don't make big the things😅😅😅is true the richest usa millionaires are actually killing us with that big price
The processor alone is worth at least $100.
People saying what about advertising. Apple doesn't need to advertise anything anymore. The sheep will continue to buy the latest iphone automatically from now on.
@@excessivehuntingdisorder3503🤦♂️
Relax guys its just the cost of labour to assemble the iphone
Wow then that's over priced for slave labor
It cost $10 to manufacture but it takes millions to come out with the technology, design and the platform.
So yes it cost almost nothing to MANUFACTURE, it’s the sourcing of materials we pretty much pay for