$699 iPhone 8 Estimated to Cost Apple $248 to Make<img style="float: left; margin-right: 10px"  src="

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As per research firm IHS Markit, the iPhone 8 and iPhone 8 Plus are slightly more expensive to produce for Apple when compared to their predecessor. The estimated component cost of 64GB iPhone 8 comes to around $247.51, an increase of almost $10 from the iPhone 7.   
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$699 iPhone 8 Estimated to Cost Apple $248 to Make