Nonetheless, the third-party Invoice of Materials analyses are helpful within the sense that they evaluate two iPhone generations to gauge if it’s the inevitable {hardware} upgrades which have compelled Apple’s hand in elevating the worth or not.

iPhone 16 Professional Max BOM | Picture credit score – TD Cowen

That’s regardless of the bigger show and greater battery, or the brand new Digital camera Management button, to not point out the quicker Apple A18 Professional processor that has been developed from the bottom up with Apple Intelligence calculations in thoughts.

The truth is, the most costly parts within the iPhone 16 Professional Max are the larger 6.9-inch display screen and the Tetraprism digital camera equipment, each of which have notched a slight value improve in comparison with the iPhone 15 Professional Max. The brand new LPDDR5X reminiscence expertise can also be costlier than what’s within the 16 Professional Max predecessor, as are the storage reminiscence and the chipset.

In case you are questioning whether or not the brand new Digital camera Management pressure-sensitive key prices a lot additional, that is been the least of Apple’s BOM worries, as the worth of these buttons across the iPhone 16 Professional Max is a grand complete of $19, bringing Apple’s gross margin on its 2024 flagship to the whopping 60% mark.