Apple could be making £426 on every 16GB iPhone 5 sold, according to a new report.
TechInsights estimates that Apple’s 16GB iPhone 5 costs $167.50 (£103) to make, and with a selling price of £529, Apple could be making £426 on every sale of the device.
TechInsight’s estimations indicate that the iPhone 5 costs Apple more to make than the iPhone 4S, due to the 4in display, the A6 chip, and other improvements that have added £21.50 to the cost of building the device.
Apple has revealed that pre-orders of the iPhone 5 topped two million within 24 hours of its launch, doubling the record one million held by the iPhone 4S. This suggests that Apple could have made almost £1bn from its iPhone 5 by the time it is released on Friday.

Lines had already begun forming outside Apple Stores by Sunday, with all of the queuers are there for commercial purposes.
See also:
Some iPhone 5’s already shipping
iPhone 5 cases and accessories
Apple iPhone 5: UK price guide


It's easy and free to get the latest news headlines, reviews and opinions straight to your email inbox. Sign up NOW to make sure you receive the latest Mac news, reviews and tutorials on your favourite topics.





Click here for the latest reader comments