---
title: The iPhone X Costs $999. Here’s How Much Apple Spends to Make One
description: The Apple iPhone X is being sold for just under $1000, but what does it really cost to make it?
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  - name: Aric Jenkins
    url: https://money.com/author/aric-jenkins/
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published: '2017-11-08T15:30:10.000Z'
modified: '2024-04-17T07:13:03.000Z'
section: Technology
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word_count: 218
canonical: https://money.com/iphone-x-cost-price/
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![apple-iphone-x2](https://img.money.com/2017/11/apple-iphone-x2.jpg)

The long-awaited [iPhone X](https://time.com/5005721/apple-iphone-x-camera-features-specs/) arrived last week to much fanfare – and some comments about how astoundingly expensive it is. It's being sold for just under $1000 – but what does it really cost to make?

The parts for the base model of the iPhone X with 64 gigabytes of storage cost $370.25, according to an analysis by research firm IHS Markit, [Bloomberg reports.](https://www.bloomberg.com/news/articles/2017-11-08/apple-s-iphone-x-parts-cost-115-more-than-iphone-8-ihs-says) That figure does not include manufacturing and software.

That's 45% more than the other new Apple smartphone — [the iPhone 8](https://time.com/4947628/iphone-8-expert-review/) (retail price $699 for the 64-gigabyte model). The iPhone 8 costs $255.16 for the parts, according to the analysis.

There are some key difference in hardware that account for the $122 price difference between the iPhone 8 and iPhone X. Apple is paying a premium for the parts that drive many of the exclusive features on the iPhone X.

The iPhone X's screen costs more than double the iPhone 8's screen with a price of $110 per phone – compared to $52.50 for the lower-end model.

The iPhone X's other standout feature — Face ID – utilizes the True Depth Camera, which sets the company back $16.70 per phone. The phone's shiny new casing runs around $60, about $10 more than the iPhone 8 due to its sturdier stainless steel according to IHS Markit.

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