How Much Money Is Apple Saving With a Plastic iPhone?
How much did Apple (NASDAQ:AAPL) actually spend to make your iPhone? A recently published report from UBS attempts to break down the cost of materials used for Apple’s iPhone 5C and iPhone 5S, reports the Wall Street Journal.
According to the report, a 16GB iPhone 5C costs Apple $156 in materials, while the 16GB iPhone 5S costs $213. Surprisingly, the biggest difference in cost between the two iPhone models was due to the casings and not the cutting-edge fingerprint sensor.
UBS estimates that the aluminum metal iPhone 5S casing cost Apple $48.22 in materials, while the plastic casing of the iPhone 5C cost a mere $6.32. This means that Apple saved nearly $42 in material costs simply by replacing the standard metal iPhone casing with a plastic one.