Each iPhone 8 costs Apple approximately $288.08 to build, while iPhone 8 Plus handsets cost an estimated $295.44, according to a new breakdown by IHS Markit. On top of this, Apple pays around $7.36 in basic manufacturing costs per device.
The new handsets are slightly more expensive than Apple’s previous generation of iPhones, with the smaller iPhone 8 costing around $9.57 in components more than the iPhone 7 did upon release.