For the iPhone 15 series, the cost of the bill of materials (BOM) has increased for Apple for several reasons. Here's what you need to know.

Apple Incurs Higher Production Costs for iPhone 15 Series Compared to Previous Models

Adriana MaraisOctober 17, 23 Apple, iPhone

Apple’s iPhone 15 Pro models were launched last month and offer a number of updates over their predecessors – including a switch to titanium as the body material and a new 3nm chipset. While prices haven’t gone up in the US, smartphone prices have definitely gone up in India. Now, the iPhone 15 Pro starts at Rs 1,34,900, while the iPhone 15 Pro Max starts at Rs 1,59,900. However, the costs of bills of materials (BOM) have also increased for Apple.

As reported by AppleInsider, Nihon Keizai Shimbun and Fomalhaut Techno Solutions, Japan, have suggested that the cost of manufacturing the iPhone 15 Pro Max for Apple has increased by 12% compared to last year’s flagship phone, the iPhone 14 Pro Max. The total price is $558.

According to the report, the biggest contributors to the price increase are the titanium frame, the A17 Pro chipset, and the new display, all of which cost 43%, 27%, and 10% more, respectively. In addition, the iPhone 15 Pro Max has a new tetraprism 5X telephoto lens this year, which is also 3.8% more expensive compared to last year’s 3X telephoto lens from the iPhone 14 Pro models.

Similarly, the smaller iPhone 15 Pro, iPhone 15 Plus and iPhone 15 are also more expensive to manufacture this year, with the former costing Apple $523 to manufacture.

So yes, it will cost Apple more to manufacture the iPhone 15 series this year compared to last year’s models. Despite this, Apple did not raise the price in the US. However, the iPhone 15 Pro Max starts at 256GB, and this has pushed the entry price to $1199. Despite this, it is not a price jump, as the iPhone 14 Pro Max 256GB version cost the same.

All these changes and the move to USB-C have also increased the demand in countries like India. We initially reported earlier that these iPhone 15 Pro models, especially the iPhone 15 Pro Max, were being sold at a black market premium, with retailers charging above and beyond the MRP, and this gives us an idea of Apple’s demand. create this year.