Apple charges at least $1,099 for the iPhone 14 Pro Max. But how much does it actually cost the company to produce its flagship phone?
Apple charges at least $1,099 for the iPhone 14 Pro Max. But how much does it actually cost the company to produce its flagship phone? While Apple doesn’t disclose its profit margins or production costs, we know that in Q1 2023, its products’ gross margin was 37%.
According to a Counterpoint Research report, the iPhone 14 Pro Max costs Apple up to $464, which is 3.7% more than it cost the company to make the iPhone 13 Pro Max.
