Making the $1,249 iPhone XS Max only costs Apple $443

In the cost breakdown, it is said that the most expensive component is the display panel at around $80.50.

The iPhone XS, left, and XS Max are displayed side to side during an event. AP Photo

NEW DELHI: Apple has recently launched three new iPhones -- the premium iPhone XS, iPhone XS Max and iPhone XR. The 5.8-inch iPhone Xs and 6.5-inch iPhone Xs Max feature Super Retina displays, a faster and improved dual camera system, the first 7-nanometer chip in a smartphone among other features. iPhone XR would cost $750, iPhone XS $1,000 and iPhone XS Max, the biggest among them, $1,100. The iPhone XS and iPhone XS Max will support dual SIM and dual standby functionality. The premium iPhone XS and XS Max come with upgraded 12MP + 12MP camera and 2x optical zoom. There is an improved TrueTone quad-LED flash as well. Both the models have a 7MP RGB camera sensor in the front with F/2.2 aperture while the iPhone XR has a single 12MP camera at the rear. The iPhone XS and iPhone XS Max would be available in 64GB, 256GB and 512GB storage variants in space grey, silver and a new gold colour. Techinsights, in its teardown of iPhone XS Max revealed how much its parts and construction cost Apple. And the component cost of the biggest iPhone is estimated at $443, about $50 more than last year's iPhone X 64GB model. In the cost breakdown, it is said that the most expensive component is the display panel at around $80.50. Image: Techinsights The second most expensive component is the application processor/modem at $72. TechInsights, however, said the $443 pricing doesn’t include other manufacturing expenses like R&D, software, logistics, and marketing. The 256GB variant of iPhone XS Max costs a hefty $1249. Both the iPhone XS and XS Max are fueled by Apple's latest A12 Bionic chipset built on 7-nm design, which allows for 6.9 billion transistors on the chip. Also, there is a new neural engine with an 8-core dedicated machine learning (ML) processor. The iPhone X comes with a 5.8-inch OLED display while the iPhone XS has 6.5-inch OLED screen -- the biggest ever on an iPhone. Other than the size, both the models have 3D Touch and HDR. The Face ID in these models is said to work faster this time than last year's iPhone X. The affordable iPhone XR has a 6.1-inch LCD screen with liquid Retina display and aluminium body instead of a steel one. (With inputs from agencies)