The iPhone X has a total price of approximately $ 360, leaving the rest in gross profits and compensates for it with tax havens, to pay the lowest possible taxes.

A few days ago, Tim Cook told us that if we spent less on expensive coffees, we would have enough money to buy the iPhone X. The new Apple terminal does not provide absolutely anything new compared to other terminals with Android and some important problems have been detected. Now, the real price of the company's bitten apple has been revealed. According to Cok's expectations, they expect to generate between 84.000 and 87.000 million dollars of income directly thanks to this device.

It has been revealed which is the company's gross margin with the iPhone X, which has an approximate manufacturing cost of $ 357.5, which is € 308.37 in exchange. This means that with each terminal they sell, they earn about 64%, a much higher margin than they get with the iPhone 8, which is 58%. The most expensive element of the iPhone X is the screen, which as we know is a 5.8-inch OLED manufactured by Samsung that is priced at $ 65.5, while the steel chassis, where all the elements of the terminal are mounted, has a cost from $ 36.

Not only are the profit margins very high and therefore they expect great income, it has also been revealed thanks to the Paradise Papers, the company has modified its financial structure in Ireland in 2014, to pay even less taxes. Apple has moved two of the three headquarters to Ireland, as Europe forced the country to collect more tax from the company and has taken them to the Island of Jersey. The company continues to make multi-million dollar profits at the cost of paying a pittance. Come on, everyone buy an iPhone X.

Source: technicalsights