Cupertino based tech giant, Apple, is always known to make huge profits on each unit of their devices and services. A similar report by TechInsights suggests that the total cost of components used in Apple iPhone 11 Pro Max 512GB model is just $490.5 (₹34,955), while the phone is priced at ₹1,41,900 in India.

Apple iPhone 11 Pro Max Teardown
Source: JerryRigEverything

All the information are sourced from TechInsights and we are not sure about the authenticity but here's what we know.

If we breakdown the price list, we find that the triple camera setup, costing around ₹5,300, is the most expensive hardware on the phone. It is followed by the OLED display that costs around ₹4,752. Apple's most powerful, A13, chipset is next in the lineup which is priced around ₹4,573.  

Apple iPhone 11 Pro Max Components
Source: 9To5Mac

The 512GB storage costs around ₹1,389 for the volatile memory, while the non-volatile memory costs just ₹4200. Apple iPhone 11 Pro Max's RF component costs around ₹2,139. The non-electronic components cost ₹4,355 while the Baseband processor cost ₹1,820.

Apple iPhone 11 Pro Max Camera Teardown
Source: 9To5Mac

Moving towards some inexpensive components, the battery of the phone costs around ₹750. The power management and audio are priced at ₹750. Furthermore, the assembly of all the components cost around ₹1500. The Misc. components cost ₹1,500 and the Substrates cost ₹1,178. Other components include sensors, mixed signals and supporting materials that cost ₹107, ₹107 and ₹535 respectively.

Apple iPhone 11 Pro Max Battery
Source: Engadget

At this point, you must be thinking that Apple is bagging a huge profit of ₹68,600 on each unit it sells, but there are other costs like logistics and marketing that erode the profit. Also, the research and development of even the smallest innovation cost a lot of money. Not just Apple, Samsung's latest Galaxy S10+ reportedly costs around ₹30,000.

Apple iPhone 11 Pro Max Chipset
Source: NDTV

The smartphones are surely getting better year after year but the prices are also going sky high. Do you think the prices of these smartphones are justified?