Counterpoint Technology Market Research experts decided to check the cost of all components of the iPhone 12 and compare the results with the previous generation of Apple smartphones. To estimate the cost, the Bill Of Materials base was used.
It turned out that the cost of iPhone 12 components for the US market is $ 431, which is 26% more than the iPhone 11. In America, the smartphone is sold with support for mmWave 5G, so 5G components add value to the smartphone.
The OLED display and the A14 Bionic processor also influenced the price increase. Without mmWave, the final production cost of the iPhone 12 (128GB) drops to $ 415, still 21% more expensive than the previous model.
The cost of a similar iPhone 12 in the US market is $ 850.