producing the previous year’s iPhone models.
the upgraded, camera, storage and processor. The upgrade from 32 GB to 64 GB storage option led Apple to cost $6 more per unit and $5 more for the new 6 – core A11 Bionic Chip. Other production cost includes display, metal chassis and the new wireless charging found in the new iPhone 8.
than that of production cost is because more money is invested on Research and Development, the development of the new iOS, after sales support, ads and more.