Analysts say the iPhone 16 series costs Apple a few more dollars to produce than its iPhone 15 counterparts thanks to rising component costs.
iPhone 16 Pro
Aside from physical teardowns of the latest iPhone models, there are also cost breakdowns. One such analysis of Apple’s iPhone 16 range pricing up individual components has determined that the new models cost more than the previous iPhone 15 generation.
This is not entirely surprising, as the iPhone 15 Pro Max cost approximately 12% more than its iPhone 14 counterpart.
