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Message: <blockquote data-quote="mag123" data-source="post: 22228789" data-attributes="member: 73975">The total bill of materials, or cost of the iPhone 7's components, add up to $219.80, research firm IHS Markit said in a statement on Tuesday. The company estimated that actually building the iPhone 7 costs <a href="http://fortune.com/fortune500/apple/" target="_blank">Apple</a> $5, bringing its total manufacturing cost to $224.80. The price applies only to the 32GB iPhone 7 and is based on preliminary findings, suggesting IHS could change its estimate after it completes its final review.Still, the iPhone 7 IHS evaluated costs $649, giving the company a profit of more than $424 on each unit it sells<img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" />. IHS has yet to evaluate other iPhone 7 versions, including the larger iPhone 7 Plus, to determine how much Apple is making on the sale of those units.</blockquote>

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