Apple Inc’s latest smartphones, the iPhone 8 and iPhone 8 Plus, have more expensive parts, but the company will still make significant profits because it raised prices for the devices, according to research firm IHS Markit.
A base model iPhone 8 with a 4.7in screen and 64 gigabytes (GB) of storage includes material costs of US$247.51 (RM1,040), up from US$237.94 (RM1,000) for the 32GB base model iPhone 7 from last year, an analysis by IHS found.
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