IHS Markit: iPhone X Costs $370.25 to Build
Just yesterday, TechInsights estimated that Apple's (NASDAQ: AAPL) new iPhone X could have a bill of materials (BOM) of around $357.50, which would actually suggest that the new flagship is more profitable than the iPhone 8. However, that component estimate wouldn't factor in depreciation and amortization of manufacturing infrastructure, one of the biggest parts of the iPhone X's overall cost structure. Still, it was a lot less than a prior BOM estimate of $581 from Susquehanna.
IHS Markit is now weighing in with its own detailed BOM estimate, and the supply chain specialist is pegging total component costs at a comparable $370.25 for a 64 GB model, which is quite a bit more than the $288.08 BOM estimate for iPhone 8 Plus. Generally speaking, supply chain experts like TechInsights and IHS Markit are probably more accurate than Street analysts like Susquehanna.
There are some notable takeaways from the detailed breakdown.
Source: Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 117 Buy predictions and 8 Sell predictions.
With a target price of 224 € there is a slightly positive potential of 8.42% for Apple Inc. compared to the current price of 206.6 €.
