According to technical reports and industry analysis, the production cost of any iPhone is much less than its market price. Add total cost of iPhone 17 Pro Max’s body, display, camera module, processor, battery and other hardware parts, then its real cost is about 45,000 to 50,000 rupees. That is, the manufacturing cost of the phone that is being sold for Rs 1.49 lakh in the market is only one-third.

Now the question arises that if the expenditure in making is so low, then why is the price of iPhone so high? Many reasons account for this. Apple is a luxury brand and the company designs its products for premium class. Apart from this, Apple spends billions of dollars on research for every new model.

This cost also connects in the price of the product. The global branding and high-end marketing campaign of iPhone also play an important role in increasing the price. iOS systems, security updates and special features are also part of the price. In countries like India, the price increases further by adding import tax and custom duty.

Think, which costs about 50 thousand rupees to make phone, it becomes three times expensive by reaching the customer. This is why iPhone is also considered a “status symbol”. Actually, you are not only paying money for hardware, but also paying huge amount for brand image, software experience and exclusive features.

Knowing the real cost of the iPhone 17 Pro Max, you may feel that the cost of hardware is very less than the price. But this is the business strategy of Apple to present a low cost product with a high price tag with premium branding.

This is the reason why millions of people like to buy iPhone despite knowing because for them it is not just a smartphone but the identity of luxury and status.