🤯 You Won't Believe How Much an iPhone Really Costs

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  • čas přidán 8. 09. 2024
  • The man who met the head of the company that makes iPhones in China exposes the real production cost of one iPhone.
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Komentáře • 16K

  • @financian_
    @financian_  Před 6 měsíci +694

    What was your guess?

    • @gravesoldier4215
      @gravesoldier4215 Před 6 měsíci +45

      I guessed 12 dollars

    • @Nuxvomicaaa
      @Nuxvomicaaa Před 6 měsíci +58

      10 dollars

    • @WalletmoneyOnline
      @WalletmoneyOnline Před 6 měsíci +29

      10 Dollars because I know it. Pepsi water for I liter = $0.01

    • @bloody4558
      @bloody4558 Před 6 měsíci +32

      my guess was 20$
      Not joking, I really thought it was 20$ Because if the product actually cost a good portion of their expected returns, then they'd simply make it locally, they wouldn't have to outsource it to China.
      But 10 dollars is freaking wild. China really likes playing dirty, huh. Even at their own cost

    • @Zukoron3040
      @Zukoron3040 Před 6 měsíci +2

      6 buckz

  • @bakpaokecil
    @bakpaokecil Před 7 měsíci +19900

    If you can’t convince them, confuse them

    • @lifeofdamos
      @lifeofdamos Před 7 měsíci +68

      😂😂😂😂

    • @carlosthemandalor3650
      @carlosthemandalor3650 Před 7 měsíci

      Read a book called behold a pale horse tells you how the government blinds us and corrupts us it's insane it goes all the way back too the 70s and 80s

    • @jjadennnn
      @jjadennnn Před 7 měsíci +59

      But seriously though!

    • @jigsawcopycat9856
      @jigsawcopycat9856 Před 7 měsíci +24

      gua gak nyangka Gita wirjawan ada di Channel CZcamsnya orang luar, wkwk

    • @user-pq3ro9xr3j
      @user-pq3ro9xr3j Před 7 měsíci +114

      Its the labour cost (including the cut to the company) to assemble the components - battery, display, motherboard, speakers, camera etc. to make the final product

  • @sagarnandi6276
    @sagarnandi6276 Před 7 měsíci +22292

    He confused everyone for sure. He meant labor cost but used the word total cost

    • @Chxmp-ghost
      @Chxmp-ghost Před 7 měsíci +593

      No they give 0.20 labor cost no jokes

    • @garremannen
      @garremannen Před 7 měsíci +182

      I would think there is very little manual work on a phone. I guessed exactly right btw.

    • @alimaatouk6968
      @alimaatouk6968 Před 7 měsíci +268

      It is total cost nimrod

    • @sjbbruins
      @sjbbruins Před 7 měsíci +30

      Exactly. I would have guess wrong regardless, but I sat the rubbing my head saying “well… define to make… so much other factors are at play, but I’m gonna guess $20.” I though that was disgusting, and I doubled it.

    • @SPACE_SHINOBI
      @SPACE_SHINOBI Před 7 měsíci +71

      Laber cost to assemble all the finished components right? Cause the total labour cost while manufacturing all the components of the phone is so not 10 dollars 😅

  • @aleksd286
    @aleksd286 Před 7 měsíci +13636

    Bro graduated from Burger King

    • @EditzDLN
      @EditzDLN Před 7 měsíci +438

      Making a phone aint expensive. 10 dollar to make a phone is normal prizes. The research and everthing makes the phone expensive. To make it its like 10 dollar. A shoe that sels for more then 1000 dollars also cost to make less then ten dollar.

    • @ye_march
      @ye_march Před 7 měsíci +595

      @@EditzDLNanother burger king alumni showed up

    • @Aubatron
      @Aubatron Před 7 měsíci +62

      Yeah, says "make", so we don't know if he means total cost of all parts an assembly. Lets assume it's 10 for all parts and assembly and also operating costs of the factory, which I doubt. That's the factories' cost to complete the product. They need a profit margin because they're not doing it for free, then they need to ship the product, then apple needs to recover their operating costs. Only after all of that can you calculate how much it costs apple to make an iphone.

    • @joshadams2812
      @joshadams2812 Před 7 měsíci +57

      He's not to far off, abc went there in 2012. It cost Foxconn 30 bucks to make it but that's not including materials that's just pay. They pay less than 2 an hour. So in reality it's about 100-300 with everything included

    • @herdimassoetrisno4079
      @herdimassoetrisno4079 Před 7 měsíci +47

      Bro’s the former trade minister of Indonesia. Gita Wirjawan.

  • @RoadMonkey34
    @RoadMonkey34 Před 3 měsíci +134

    It is a lie. He should say assemble not make. It is manipulation.

    • @stewartallen8995
      @stewartallen8995 Před 4 dny

      Correct, maybe in cost of parts, but development of ip, cost of labour, shipping etc . . Think about it

  • @ErenJaegerT9
    @ErenJaegerT9 Před 7 měsíci +6480

    Production of each iphone cost 10 dollars not parts inside

    • @user-do3mo9vv6y
      @user-do3mo9vv6y Před 7 měsíci +91

      What the hell does that mean ?

    • @almac9203
      @almac9203 Před 7 měsíci +700

      ​@@user-do3mo9vv6yhe means assembly is $10. The cost of the components is way more than $10.

    • @george3.0
      @george3.0 Před 7 měsíci +248

      Exactly!! These clips kinda piss me off because obviously the production cost of an iPhone will be less than 50% of the sales price or they wouldn’t be able to be so successful , but $10 is just the assembly . They production chain is a whole different thing . Chips , camera everything is manufactured somewhere else and is delivered to Foxconn for the final assembly .

    • @adolphgracius9996
      @adolphgracius9996 Před 7 měsíci

      ​@user-do3mo9vv6y Imagine i give you a gold watch with diamonds in parts to assample, and i pay you $100, is it a $100 watch?

    • @arkoutarkout3654
      @arkoutarkout3654 Před 7 měsíci

      Really ?you don't understand lol​@@user-do3mo9vv6y

  • @luarbiasawaras8700
    @luarbiasawaras8700 Před 7 měsíci +3213

    $10 is the manufacturing cost, parts are not included, research and development cost also not included, marketing cost not included.

    • @theunluckycharm9637
      @theunluckycharm9637 Před 7 měsíci +69

      I looked it up it's not 10 it'd like 460

    • @netwraith8215
      @netwraith8215 Před 7 měsíci +126

      It's actually 10 dollars including parts. The cost of R and D shouldn't be considered because it is a one time cost and can be evenly distributed over 1000 units or more until the r and D cost becomes negligible.

    • @feajar4373
      @feajar4373 Před 7 měsíci

      ⁠@@netwraith8215how far of reality do you want to be?
      Netwraith8215: Yes, please!

    • @luarbiasawaras8700
      @luarbiasawaras8700 Před 7 měsíci

      @@netwraith8215 no it is not, sony wont give you their best camera modul for $1 or $2.

    • @singh88920
      @singh88920 Před 7 měsíci

      No matter how much you try you can't justify the the price of iPhone
      Accept the reality iPhone is looting people in name of status people are soo stupid they copy rich people

  • @vaibhavsaraf27
    @vaibhavsaraf27 Před 7 měsíci +1204

    I used to work in Apple Foxconn’s supply chain and can confirm this man is misleading. The cost of assembly was approximately $10, the total COGS is approx $400-$450

    • @supremeteam3112
      @supremeteam3112 Před 7 měsíci +36

      No your 100 percent wrong it cost 30 bucks for parts and everything nope your wrong

    • @StoicIntellectual
      @StoicIntellectual Před 7 měsíci +12

      cope

    • @cr1tikal_arc
      @cr1tikal_arc Před 7 měsíci

      ​@@supremeteam3112and you know anything, how? lmfaooo??

    • @GardensoftheAncientsHerbal
      @GardensoftheAncientsHerbal Před 7 měsíci +22

      Yup plus apple doesn’t make much on the phone itself. It’s the software

    • @sharinglungs3226
      @sharinglungs3226 Před 7 měsíci

      @@supremeteam3112would totally believe some kid than Apple’s own financial statements.

  • @quinnkrug1971
    @quinnkrug1971 Před 3 měsíci +317

    They are just assembled in China. All the components that go into it cost more than $10 to manufacture

    • @raminrouchi202
      @raminrouchi202 Před 2 měsíci +12

      Yea all that cobalt and other metal to mine.....then making the PCBs and other components costs way more

    • @Noadvantage246
      @Noadvantage246 Před 2 měsíci +11

      @@raminrouchi202Not to mention they have to pay patients and licensing fees for a lot of the tech on the iPhone like the GPS, WiFi, and Bluetooth, LiDar, etc.

    • @raminrouchi202
      @raminrouchi202 Před 2 měsíci +1

      @@Noadvantage246 that is imaginably just as much as the hardware

    • @thebasketballhistorian3291
      @thebasketballhistorian3291 Před 2 měsíci +3

      Not to mention the billions spent on R&D and marketing.
      If his point was just about Apple minimizing assembly costs, fair enough.

    • @tegathemenace
      @tegathemenace Před 2 měsíci +2

      ​@@thebasketballhistorian3291 Marketing is not a production cost, is it

  • @yanipro3978
    @yanipro3978 Před 7 měsíci +3712

    Even apple was surprised 😂😂😂

    • @mah7961
      @mah7961 Před 6 měsíci

      Nah the fact that the Chinese got factories setup just to knockoff products like this is a bit disturbing and disappointing. It just goes to show that they can’t even think of an original idea or product to produce themselves.literally their entire economy is based on stolen ideas and technology. With no quality control, accountability, oversight, and morals. Just look at their food production. And then they wonder why their economy is failing.

    • @sonyboy8638
      @sonyboy8638 Před 6 měsíci +16

      😂

    • @bengherasim9286
      @bengherasim9286 Před 6 měsíci +3

      Hahahaha

    • @jiroglay3461
      @jiroglay3461 Před 6 měsíci +3

      That was hilarious

    • @kainznathan5921
      @kainznathan5921 Před 6 měsíci +3

      😂😂😂

  • @menglongzzz
    @menglongzzz Před 7 měsíci +7707

    “trust me bro, it’s actually 2 dollars”

    • @YtyFv-sf2xx
      @YtyFv-sf2xx Před 7 měsíci +46

      Why i trust you

    • @quebono100
      @quebono100 Před 7 měsíci +41

      He met the guy who make those :D I thought the factory is making them

    • @devon9643
      @devon9643 Před 7 měsíci +13

      Facts!!!!

    • @dearyl1144
      @dearyl1144 Před 7 měsíci +34

      For the record, most of phone spare part are cost no more than 0.1$ BUT to make it work simulatelisly you need a lot of paperwork 😂 and that's where your money going

    • @nwidintr6812
      @nwidintr6812 Před 7 měsíci

      Ya I know but it still not make sense to say it cost $10😂​@@dearyl1144

  • @caseybillups5163
    @caseybillups5163 Před 7 měsíci +5547

    So misleading, the labor cost to assemble all of the iphone is $10. In total it costs around $450.

    • @xmrozny2150
      @xmrozny2150 Před 7 měsíci +190

      Not 450$, around 300$

    • @mrbust999
      @mrbust999 Před 7 měsíci +137

      Not if it's made in China. Chinese workers don't get paid much.

    • @alfarisw
      @alfarisw Před 7 měsíci +40

      Thank you for having a brain

    • @sinep6060
      @sinep6060 Před 7 měsíci +57

      no all the raw materials cost below 2$ in Usa prices chinese landgrabbers abuse the rich grounds of africa to get cheaper resources just the screen isnt counted but thats just glass but the rest is within 2 dolors

    • @almac9203
      @almac9203 Před 7 měsíci +122

      @@sinep6060 total BS. The total cost of parts for the latest iPhone is around $558. The processor alone is worth around $130. You really are clueless. Fun fact, the latest Snap Dragon processor used in Android phones cost around $160 so even high end Android phones aren't produced for peanuts let alone an iPhone.

  • @YaNeK92
    @YaNeK92 Před 2 měsíci +12

    Temu be pumping them out real quick for $50 with a 🍋 logo 😂😂😂

  • @samrins7845
    @samrins7845 Před 7 měsíci +4720

    Bro gets his finances done by a burger king employee.

    • @paulgap7012
      @paulgap7012 Před 7 měsíci +152

      Well maybe Burger King teaches better finance than to where you go to study cuz he's in a podium with thousands of listeners

    • @thark5509
      @thark5509 Před 7 měsíci

      ​@@paulgap7012🤡

    • @stimulatemyexistence5669
      @stimulatemyexistence5669 Před 7 měsíci +37

      They probably do cost $10

    • @TheGloryx112
      @TheGloryx112 Před 7 měsíci +52

      Are u surprised? Printer ink cost 20cents to make and we buy for £50+ 😅

    • @harpreetbedi8251
      @harpreetbedi8251 Před 7 měsíci

      Atleat h got his finance done by a human
      Wat abt u
      👅👅👅👅👅

  • @individual116
    @individual116 Před 7 měsíci +720

    It’s like $394 to get an iPhone to the consumer. It’s widely reported each year by various media outlets in the USA. The WSJ does a breakdown each year.

    • @shafaharis6869
      @shafaharis6869 Před 7 měsíci +14

      This more make sense but i think less than that

    • @feudalocean8428
      @feudalocean8428 Před 7 měsíci

      @@shafaharis6869it’s a little less, but the machine alone that creates phone chips is soooo expensive, just search it up and look at it. The thing is crazy

    • @cannabros
      @cannabros Před 7 měsíci +23

      thats wrong otherwise apple would make the factories in the US or Mexico

    • @swagwolfgang
      @swagwolfgang Před 7 měsíci +1

      Yes thanks to the tariffs

    • @streamerclips6502
      @streamerclips6502 Před 7 měsíci +14

      Its gotta be way less but ofcourse they wont say, apple aint worth trillions for no reason

  • @theaterlightman89
    @theaterlightman89 Před 7 měsíci +770

    The labor cost is $10, parts are about 150-200, thats a lot of money for profit and r&d

    • @navijatt
      @navijatt Před 7 měsíci +6

      How do you know parts are 150 to 200...

    • @yourlocalidiot69420
      @yourlocalidiot69420 Před 7 měsíci +11

      So *at most* an iPhone cost $500 to make when they cost around -$2000- $1000
      This is why I -hate- don't like Apple
      They overprice everything *_HEAVILY_*
      I edited some stuff because I went a bit overkill, my notifications are blowing up and I feel the need to clear some stuff up.
      Note that just because I say Apple overprices their stuff doesn't mean Android doesn't either. Android still has some overpriced phones but companies like Samsung don't rediculously overprice _everything_. Usually just phones, computers and wireless earbuds. Also you can find a good android phone that has good specs for as little as AU$400. Whereas the cheapest new phone that apple has is about AU$6-700.

    • @YtyFv-sf2xx
      @YtyFv-sf2xx Před 7 měsíci +4

      ​@@yourlocalidiot69420in business in happens 😂

    • @Moedow
      @Moedow Před 7 měsíci +3

      Include the development into the labor cost and it will go up a lot.

    • @wlonsdale1
      @wlonsdale1 Před 7 měsíci

      @@yourlocalidiot69420you get what you pay for. They have a high resale value for a reason not to mention longevity.

  • @ArthArmani
    @ArthArmani Před 2 měsíci +17

    Even Apple was like: Bro we wish it cost 10$, iPhone Pro cost like 450$ plus all the import tax... paying workers, running stores, research and development and so on..

    • @Noconstitutionfordemocrats1
      @Noconstitutionfordemocrats1 Před měsícem +1

      Yet, they're made with the exact same components as a $100 phone.

    • @ArthArmani
      @ArthArmani Před měsícem +1

      @@Noconstitutionfordemocrats1 so you think it cost them $100 to make?:D don't be so stupid please:) just to manufacture the Apple Vision Pro cost $1500, what about all the other expenses, research and development, import tax, shipment and so on..

    • @Noconstitutionfordemocrats1
      @Noconstitutionfordemocrats1 Před měsícem

      @ArthArmani You think they sell phones for less than it costs to make? Please, be stupider.

    • @robpolaris7272
      @robpolaris7272 Před měsícem

      450 yet they charge 1200. Ridiculous! The first iPhone was 199. Now there are phones that are 10x that!

    • @back-uponline7684
      @back-uponline7684 Před měsícem

      ​@@robpolaris7272 In a free market only highly competent people/companies can achieve that profit margin consistently. It means their products are perceived as a good deal by the ones who buy it. Otherwise they wouldn't sell.

  • @100mssnipes5
    @100mssnipes5 Před 7 měsíci +1746

    "$10"
    "Huuuuhhh!"
    "I swear to god"😂

    • @andik70
      @andik70 Před 7 měsíci +33

      He is actually right! I wont believe it.

    • @typical_watcher4599
      @typical_watcher4599 Před 7 měsíci +12

      Does it include equipment, land, salary etc? or just raw materials?

    • @internalharm
      @internalharm Před 7 měsíci +24

      ​@typical_watcher4599 even raw material it won't be 10 bucks. Everything is outsource and assembled in China. The chip alone cost 100

    • @quietlyloud
      @quietlyloud Před 7 měsíci +4

      They buy and have been buying stuff in huge bulks for long time now. Things are reduced to cents when you buy in such massive quantities.

    • @Kingof69ner
      @Kingof69ner Před 7 měsíci +7

      ​@@internalharmThat chip that's made in China is worth a $1

  • @vanshsoni_19
    @vanshsoni_19 Před 7 měsíci +740

    King you dropped this 🧠

    • @isthatso1961
      @isthatso1961 Před 7 měsíci +7

      😂😂😂😂😂😂

    • @veda7279
      @veda7279 Před 7 měsíci +2

      🤣🤣🤣🤣

    • @faithfulanddevoted
      @faithfulanddevoted Před 7 měsíci +1

      🤣

    • @Bryghtt
      @Bryghtt Před 7 měsíci +23

      No you dropped it he said to make not how much it costs, the actual assembly isn't expensive because of horrible underpayment

    • @sardorbeksodullaev4005
      @sardorbeksodullaev4005 Před 7 měsíci +1

      💀💀💀💀💀

  • @Max791-z7l
    @Max791-z7l Před 7 měsíci +579

    now the chairman won't allow him to enter the factory ever again

  • @p_campbell
    @p_campbell Před 3 měsíci +62

    Y'all should know...
    Remember when $19.99 CD's cost 3¢ it's the same metric nothing has changed.

  • @JitterBoltTTV
    @JitterBoltTTV Před 7 měsíci +202

    Never been more proud of a comment section. All of you shutting down the misinformation
    Good job

    • @FatGuyTries
      @FatGuyTries Před 7 měsíci +6

      I figured $15-$20. I will never own an iPhone. Id take my $4 Android any day.

    • @JitterBoltTTV
      @JitterBoltTTV Před 7 měsíci +5

      @@FatGuyTries my boy you have the right choice in my opinion, Android made my childhood cause Apple couldn't apk. And I was broke af

    • @FatGuyTries
      @FatGuyTries Před 7 měsíci

      @@JitterBoltTTV IKR!? My whole family are iPhone users makes me sick. Speaking of broke 😭 this is a free Medicaid phone thru SafeLink. Anxiously awaiting my food stamps! BAHAHAHAHAHA 😂

    • @Artefic
      @Artefic Před 7 měsíci

      100th like lessgooooo

    • @roachsmoker2040
      @roachsmoker2040 Před 7 měsíci

      @@JitterBoltTTVit could tho yall just didn’t know how to do it

  • @alanh2912
    @alanh2912 Před 7 měsíci +674

    The craziest part is how we line up year after year complaining it no longer works right after making payments on it (still isn’t paid off or just barely paid off) asking for the next one. We are all sheep in this game. Make no mistake.

    • @riomendoza1111
      @riomendoza1111 Před 7 měsíci +37

      I don't line up for nothing. Maybe you do you sheep. Pixel got the win. Sheeple crack me up

    • @bobstark4020
      @bobstark4020 Před 7 měsíci +8

      My first smart phone (samsung) lasted 6-7 years(not really sure) and was obsoleted by sprint/t-mobile going to 5g in 2021 and the phone I have now should last that long(hopefully), so who knows when I will get a new phone.

    • @Surviving_nyc
      @Surviving_nyc Před 7 měsíci +12

      U gotta stop being a fan boy and just rock out….. ive had my iphone 11 since it released. All i need is text , internet and phone calling everything else is just extra

    • @Rallylabs
      @Rallylabs Před 7 měsíci +1

      If your iPhone isn’t working after one year you’re abusing the shit out of it. These things last longer than the battery does. Replacement battery and you could get many years out of it. You just want the newest shiniest one.

    • @user-ho2ej5lx8d
      @user-ho2ej5lx8d Před 7 měsíci

      Nope, not me. I kept mine for 8 years. Not into the latest greatest con. Then I ditched apple completely when their own updates fubared their own product to make it a paperweight. APPLE ASSHOLES !!!

  • @arvindpanwar7597
    @arvindpanwar7597 Před 7 měsíci +1019

    10 dollar is Labour cost to assemble the iPhone.
    Overall it cost approx 500 dollars.
    Parts, shipping, packaging.
    Excluding R&D cost, which is the highest

    • @wantedyou2346
      @wantedyou2346 Před 7 měsíci +20

      Nope, somewhere in the 300-350$ range

    • @victorbf124
      @victorbf124 Před 7 měsíci +13

      Nope. $10 for parts labor and packaging. Shipping and taxes depend on the location.

    • @fredflint3998
      @fredflint3998 Před 7 měsíci +4

      The r&d is the bulk of its production cost and is conveniently unmentioned in the video.

    • @-.--Xavier-..--.1
      @-.--Xavier-..--.1 Před 7 měsíci

      Blah blah blah shut the hell up

    • @xXtdudeXx92
      @xXtdudeXx92 Před 7 měsíci

      Lol. None of those costs are on the manufacturer...

  • @limitgoesoff
    @limitgoesoff Před 3 měsíci +58

    He didn't word it properly. It costs 10 dollars for the labor. The computer chip in there is more than 200 dollars by itself.

    • @Tigerex966
      @Tigerex966 Před 3 měsíci +2

      No its 10$ for the parts labor is less some say.

    • @cal3669
      @cal3669 Před 3 měsíci +4

      ⁠​⁠@@Tigerex966no the production cost is 10$ production means assembly of the phone which doesn’t include the cost of the parts, the parts of a newer phone roughly cost 423$ or more depending on the type of it

    • @cal3669
      @cal3669 Před 3 měsíci +4

      @@Tigerex966and just to clarify theres a difference between production and full production cost and that foxconn is only responsible for assembly the parts are imported from either apple themselves or other companies so the production part that foxconn supplies is only the assembly part

    • @Tigerex966
      @Tigerex966 Před 3 měsíci +1

      @@cal3669 my numbers fir the base phone show 126$ and $8 slave labor in india its cheaper

    • @seantomlinson2505
      @seantomlinson2505 Před 3 měsíci +2

      It cost you 200 it cost apple next to nothing. Apple owns the motherboard design and Foxconn makes the motherboard out of probably 1usd worth of materials and way less than that in wages. The only thing that's third party is the screen made by Samsung. Which I've never found a wholesale price for but you could guarantee if it was more than 10 bucks apple wouldn't buy them and would go to another manufacturer.

  • @vanezaatitsallaboutmechann6558
    @vanezaatitsallaboutmechann6558 Před 7 měsíci +1711

    It’s the price we pay for not knowing how to build one ourselves.

    • @marybowers6090
      @marybowers6090 Před 7 měsíci

      How old are you. America manufactured everything, it’s greedy dirtbags who forced manufacturing overseas to yield bigger profits. They are still at it with AI now and will strip white collar jobs from US citizens as well. Until the people wake up this will continue to happen.

    • @jaredweiman2987
      @jaredweiman2987 Před 7 měsíci +40

      So go build one. While you're at it, develop the software that makes it do all of the things it does.

    • @noxus009
      @noxus009 Před 7 měsíci +10

      Jared you can try to be a smart-ass, but her words are truthful

    • @silversteel8998
      @silversteel8998 Před 7 měsíci +1

      ​@ajw9377 that's the issue

    • @justinberg3616
      @justinberg3616 Před 7 měsíci +43

      ​@@jaredweiman2987 She literally just said we don't know how to build one 🤷. Then you think you're being a smart ass by telling her to try and build one 🤦.

  • @rustyking8783
    @rustyking8783 Před 7 měsíci +1049

    My first phone was two empty soup cans and a string. Cost: 10 cents.

  • @momovellia3816
    @momovellia3816 Před 7 měsíci +569

    That is why you don't listen to fools who thinks they're smart.

    • @aa8995
      @aa8995 Před 7 měsíci +15

      He means assembly cost of a single Iphone daily, not materials cost or labour cost
      it's a 30 second short
      You won't get all information from it
      But seriously diving deeper into this you realize how stingy apple really is
      They can't even pay these the US minimum wage per hour 🤦🏾‍♂️
      Overall cost is above 450 per phone and sold above 1000

    • @sabaraifransyah5622
      @sabaraifransyah5622 Před 7 měsíci +11

      So, this guy went to UT Austin & Harvard and he was also a minister of trade in an Asian country and yet some random iphone lover who failed econ exam in high school thinks he's a fool because he roasted their phone lol en.m.wikipedia.org/wiki/Gita_Wirjawan

    • @raynorcocker6851
      @raynorcocker6851 Před 7 měsíci

      You're a fool

    • @shirokoso7617
      @shirokoso7617 Před 7 měsíci +8

      Or fools who think that's the smart phones businesses doesn't scam people's 😂😂 even if it doesn't cost 10$ even if it costs the highest guess 300$ y'all are still being scammed . For paying over a 1000$ for it .

    • @wlonsdale1
      @wlonsdale1 Před 7 měsíci

      @@aa8995what about research and development costs?

  • @milton7763
    @milton7763 Před 2 měsíci +3

    Yeah, he probably missed a lot of things there: this is likely labour cost. At best, manufacturing cost. Misses components cost (lithium batteries and those screens are expensive), transport cost, sales cost, overhead, etc etc
    Still, though, those phones definitely have a huge profit margin.
    But heck, if people are willing to pay $40 for a charger cable or some earplugs or even several hundred dollars for airpods, then you know they are easy targets

  • @Chirag0729
    @Chirag0729 Před 7 měsíci +366

    This is the problem right now. We think that whatever people are speaking from some platform is all right. 10$ could be the assembly cost, not the total product.

    • @pauld.b7129
      @pauld.b7129 Před 7 měsíci +18

      It's less than 50$ for sure. Companies in China sell the exact same phones for about 10-15 USD.

    • @YouwrongIright
      @YouwrongIright Před 7 měsíci +15

      They aren't making it for $10, but I can promise you those phones don't cost more than $100 to actually build. Otherwise, there wouldn't be phones being offered at Walmart for under $100. Phones are incredibly cheap to make. You are literally just paying for the brand name. Just like you can buy a normal pay of shoes for $80 or you can go buy a pair of yeezys for $1000. Do you actually believe the yeezys cost more to make? Or are you just simply paying more for the name of the brand?

    • @DILLIGAS-GAMING
      @DILLIGAS-GAMING Před 7 měsíci

      Exactly 👍 , and if a video has likes people just press it without thought that's how they get account to grow with nothing good , 1000 dummy accounts ready to like as the vid goes out and bam , stupid wins

    • @almac9203
      @almac9203 Před 7 měsíci +14

      @@YouwrongIright the $100 phones are built with cheaper components. The A17 processor used in the iPhone is $130 by itself. By way of comparison the Snapdragon processor used in high-end Androids is $160. The $100 phone is using cheap processors and cheap camera modules and cheap frames. Apple's gross profit margin is 44 percent and Net profit margin is 25 percent. If Apple was selling $10 phones for $1000 those profit margins would be far higher. The comments section is full of know it all with zero industry knowledge and zero financial literacy.

    • @nasfan9041
      @nasfan9041 Před 7 měsíci +1

      Either way that’s a helluva mark up

  • @CarlWithACamera
    @CarlWithACamera Před 7 měsíci +691

    He misspoke. He's talking about the cost to assemble it, which is about 4% of the cost of the bill of materials.

    • @kangmyungjae
      @kangmyungjae Před 7 měsíci +17

      so 250bucks then?

    • @tommullaney8714
      @tommullaney8714 Před 7 měsíci +4

      Yup! 5% of costed BOM.

    • @keithyoung7381
      @keithyoung7381 Před 7 měsíci +9

      Its not 10 dollars. Total is close to 100 dollars

    • @Submersed24
      @Submersed24 Před 7 měsíci +12

      Then you need coders, designers, nevermind the tools used to assemble it in the first place

    • @RedHanded1969
      @RedHanded1969 Před 7 měsíci +14

      He did not misspoke, he mislead ppl. The samething he did as a minister in Indonesia, zero contribution.. He is full of it.

  • @kevindepew8193
    @kevindepew8193 Před 6 měsíci +1030

    It does NOT cost $10 to make that product in China (specifically the Shen Zhen Foxconn site). The labor cost is probably $10, but the components will be far higher than that. The processor alone is likely over $10.

    • @dawsonje
      @dawsonje Před 6 měsíci +86

      Yeah, this is super misleading. 10 bucks for the assembly labor maybe, but parts and components will be hundreds of dollars. The microchips alone are expensive

    • @quicksand8869
      @quicksand8869 Před 6 měsíci

      you're just as brainwashed as everybody else. they aren't buying one. they're buying a billion at a time. think bigger kid you're not dumb, you're just not thinking right

    • @Insanexzx
      @Insanexzx Před 6 měsíci +3

      True

    • @WavyFBaby
      @WavyFBaby Před 6 měsíci +44

      Well the point remains the same. Even if it’s $200 total, it’s still a ripoff.

    • @IEatTunaIAmTuna
      @IEatTunaIAmTuna Před 6 měsíci +24

      @@WavyFBabypretty sure it’s actually around half the sale price to make it. Once you add the dev, transit, tariff and SW you’ll find Apple doesn’t make a ton. Apple typically makes profit on apps, Apple care, and accessories.

  • @icerook1560
    @icerook1560 Před 14 hodinami +1

    13 bucks but I have some experience with overseas pricing. If most Americans saw this and believed it, Apple would be finished but they have plenty of marketing money. Includes mainstream TV which is even more disturbing. CNET is highly paid, many of the technology sites are paid plenty to get you excited.

  • @mariolomedico6053
    @mariolomedico6053 Před 7 měsíci +507

    Total cost is around $400-500. It's not just labor. It's the material, R&D Marketing amd shipping.

    • @Tina-xj9rj
      @Tina-xj9rj Před 7 měsíci +2

      and

    • @helderyoung848
      @helderyoung848 Před 7 měsíci +10

      You can put in a Ship container 2 millions Apple 🍎 cellphone 📱 📲 📳 🤳 no matter don't make big the things😅😅😅is true the richest usa millionaires are actually killing us with that big price

    • @fallenangeltv6973
      @fallenangeltv6973 Před 7 měsíci +19

      The processor alone is worth at least $100.

    • @paulanthonymorrisjr
      @paulanthonymorrisjr Před 7 měsíci +13

      People saying what about advertising. Apple doesn't need to advertise anything anymore. The sheep will continue to buy the latest iphone automatically from now on.

    • @Kaizuu_
      @Kaizuu_ Před 7 měsíci

      ​@@excessivehuntingdisorder3503🤦‍♂️

  • @papermelon
    @papermelon Před 4 měsíci +51

    For anyone curious, a quick Google search will show countless sources quoting around $400-$500 each for Apple to make various iPhone 15 models.

    • @aaronwallner6581
      @aaronwallner6581 Před 2 měsíci +1

      and you the one who belives that hahaha 🤣 brainwashed

    • @aaronwallner6581
      @aaronwallner6581 Před 2 měsíci +2

      there are smartphones which cost 100$ brand new. So guess the producton cost from them

    • @brad9529
      @brad9529 Před 2 měsíci +2

      Its actually $200-$250 but yes they do say $400-500 is total costs which includes design, app wages and ceo's wages, rents of shops and factory charges, die's plus *minimum working profits*

    • @brad9529
      @brad9529 Před 2 měsíci +1

      ​@aaronwallner6581 Apple uses absolutely premium chips and materials, so Apple stuff does cost a lot more. They cost between two hundred and two fifty.

    • @mattrinck7503
      @mattrinck7503 Před 2 měsíci +3

      Apple could bring those production lines back home, pay 10 times more for labor, and still make a healthy profit.

  • @biszaal
    @biszaal Před 4 měsíci +288

    Source of information “I swear to god”

    • @evandickinson3254
      @evandickinson3254 Před 3 měsíci +5

      When he died God‘s gonna want a word with him about that one

    • @welcometoshush
      @welcometoshush Před 2 měsíci +5

      He is right. He is talking about labour cost not materials

    • @cpK054L
      @cpK054L Před 2 měsíci +3

      ​@@welcometoshushelectronic components are stupid cheap, even cheaper per unit if you own the foundry

    • @Isaacaijazebf2j
      @Isaacaijazebf2j Před 2 měsíci

      @@cpK054LChutiya even if electronic materials are cheap do you even know how they are manufactured in America and then bought to Taiwan where they are assembled so their avg cost goes up way more they cost about 350-400 dollars in reality not 10 like this idiot says 😂 those are only labour charges for a 1000 dollar iPhone it would easily cost apple about 450-500 US dollars for making one including marketing and all other charges per unit!

    • @sw00sh9
      @sw00sh9 Před měsícem +1

      He’s being honest though. Go to factories in China and you’ll see everything is inflated 10x once a branded item hits America

  • @Shadowband72
    @Shadowband72 Před měsícem +3

    There's a mountain of greed and corruption between what something is worth and what it costs .

  • @user-ub9cb9nh1s
    @user-ub9cb9nh1s Před 4 měsíci +404

    CEO of Foxxcon is smart. He could make this guy believe that iPhone is costing $10.😂

    • @anthonyhenderson5334
      @anthonyhenderson5334 Před 3 měsíci +1

      Frank Sun? I know the guy, he is that crooked.

    • @FerDzone205
      @FerDzone205 Před 3 měsíci +1

      Cheap stick!

    • @dapdapstuff
      @dapdapstuff Před 3 měsíci +3

      And this guy was an Indonesian minister 😢

    • @niclasromanski7920
      @niclasromanski7920 Před 3 měsíci +7

      You really think there is something special about iPhones?

    • @jannmervinarenas9178
      @jannmervinarenas9178 Před 3 měsíci +3

      People just could not believe that an iphone to make as is, cost so little when it might be true. The only reason you guys don't want to believe it because you don't want to feel scammed but he might probably saying the truth but what he does not mentioned their is the other costs outside china but in all we know he was saying the truth. Remember apple is buying as bulk so it is more cost efficient which is why it cost less. And like I said there might be other cost to that outside chine which might add additional costs but still would not think that it cost more than 300 USD and they are selling that phone 3X or even 5X of that manufacturing and sell cost. That is how greedy companies have gotten and why human society will fail in a few years. Trust me it happened in the past centuries and will happen again. We as society don't learn and still be greedy globins in this blue earth.

  • @libofsharaku
    @libofsharaku Před 7 měsíci +1525

    The processor alone is way more than a tenner, he must mean labor costs.

    • @THETHIRDL2009
      @THETHIRDL2009 Před 7 měsíci +94

      Buying in bulk makes things a lot cheaper than you think. I'm assuming you've never ordered things wholesale from a manufacturer production facility before. It's really not that expensive unless you're making it yourself. Mass production is much much cheaper.

    • @Cam-SB
      @Cam-SB Před 7 měsíci +30

      You really don't know anything about mass production, do you? When you buy in bulk you can buy a discount. That's basically how it works when things go on sale at a supermarket. It's much cheaper for them in the end because they can take all these random items like; plastic, solder, carbon, aluminum alloys, glass, magnesium, ceramic, fiberglass, copper, etc and make something out of them then rocket the 10¢ each item each was and make the end product $600. Let's say it was 10¢ for all the individual items all together and now the end product is $600. That is a 599,900% increase.

    • @rimiko86
      @rimiko86 Před 7 měsíci

      thats exactly how western keep questioning how the hell china suddenly became world leads in just 1-2 decades

    • @adalbertomartin1896
      @adalbertomartin1896 Před 7 měsíci +16

      I am sure when Apple buys the "processor", Apple buys them by the millions. Now, each telephone with all its parts assambled and softwares installed, probably it is less than $10.00. Once more, it is quantity to get to be so low in price.

    • @EvanR6S
      @EvanR6S Před 7 měsíci +14

      @@adalbertomartin1896dude if apple buys 20 million and cost less than $10 to make an iphone you think tsmc is selling a chip just to make less than 100 million when building a factory and RnD of a processing node cost billions of dollars?

  • @stephenmatthew1
    @stephenmatthew1 Před 7 měsíci +1395

    He didn't say the phone cost 10 dollers but the cost of producing it simple....

    • @jmtexx
      @jmtexx Před 7 měsíci +56

      Someone with a brain

    • @Rationale123
      @Rationale123 Před 7 měsíci +17

      Yeah , the truth about the phone electronic is more then 10 dolars and i just talking about electronics not rnd and stuff.

    • @jaywill742
      @jaywill742 Před 7 měsíci +23

      Whatever makes you feel better about spending almost 1k a year buying the new verison. P.S the material isn't much more they recycle most of it.

    • @Fweaka
      @Fweaka Před 7 měsíci +2

      Ngl I fell for it too. But that said I wonder what is the cost for the parts.

    • @jateen4422
      @jateen4422 Před 7 měsíci +2

      With components 400 to 500 is what it will cost you pay for the ecosystem and user interface

  • @Dragon-gl1rw
    @Dragon-gl1rw Před 3 měsíci +13

    He didn't confuse anyone. It is reality. Many years ago, Chinese workers were paid $2 per day, and each worker produced one hundred Nike shoes in a day, and the Nike shoes were sold $150 each in America. It is all about productivity, stupid. That is why many corporations want to invest in China.

    • @Fucue
      @Fucue Před 2 měsíci

      You don’t know anything. Stop talking

    • @Dragon-gl1rw
      @Dragon-gl1rw Před 2 měsíci

      @@Fucue I think you are the one who knows nothing.

    • @Fucue
      @Fucue Před 2 měsíci

      @@Dragon-gl1rw you really think it costs $10 to manufacture all the components for iPhone 14 ? 🤣

    • @Fucue
      @Fucue Před 2 měsíci

      @@Dragon-gl1rw for clarification it costs about $390 for all the components of an iPhone 15 then there is logistics, marketing and assembly

    • @Dragon-gl1rw
      @Dragon-gl1rw Před 2 měsíci

      @@Fucue For cutting-edge device like I-phone, the material cost could be higher than $10. It is said that the cost price of iPhone 15 is $442. This of course includes all the overheads of the company. Here again, it depends on which country the handphones were manufactured. Manufacturing cost differs from each country due to lower cost of doing businesses and the standard of living. In the 90s, it is said that wages in China is half of Australia, Vietnam wages is half of China, and Myanmar wage is 1/3 of Vietnam.

  • @timstapleman
    @timstapleman Před 7 měsíci +91

    When someone says "I swear to God" you better believe them.

    • @jeffsorrows
      @jeffsorrows Před 7 měsíci +2

      I mean I made custom doors at work at my house for $0 start to finish getting scrap wood, using a $700k machine to bore out the bore hole, mill out the hinge prep, case the door, add trim. And get it delivered to my house. Though overall it took maybe 8 hours and me doing light work it was pretty much done in a day longest wait time is the wood glue to be dry enough. Would cost around 300$ in wood for my door. Then have to pay everyone 15-30$ an hour under the table, to get it done easily and quickly. But then if i were to pay my own company at employee discount rate would of been around $900, but since we have access to the machines that make it fast and easy (they allow us to use any machine as long as its on breaks and lunch) we can build whatever with scraps and anything that is headed for the trash. I mean sometimes we throw entire doors, with hinges and jambs out wholesale. So just have to tell the boss "this thing is going to the trash can we take it home?" But funny how he doesn't mention the incredible set up to make it. The entire chain has to be in place to make it cheap. Thats why lots of places have minimum orders for bulk pricing, since you need to support the chain!

  • @shinobi520
    @shinobi520 Před 7 měsíci +497

    He meant the labor is only $10. And of course other parts are cheap as well. Most expensive part is probably the CPU and graphics. But yeah generally speaking if you are to get one from China is more like about $130-150. 😅

    • @vablo7198
      @vablo7198 Před 7 měsíci +5

      Phones have Chipsets. Not "Cpu and graphics" also 150 for a top of the line iphone is not true. I suspect TSMC charges 20bucks for just the chipset in the beginning. And thats among the cheapest components

    • @taylorebenguard6998
      @taylorebenguard6998 Před 7 měsíci +1

      not including imports and shipping

    • @Jordan-rb28
      @Jordan-rb28 Před 7 měsíci +8

      ​@@vablo7198foolish statement. As if a phone can not have a CPU. You should also do some looking into what a Chipset is.

    • @user-lj9ok3xp9u
      @user-lj9ok3xp9u Před 7 měsíci +1

      ​@@vablo7198are you good bro?

    • @Aj-su5op
      @Aj-su5op Před 7 měsíci +5

      ​@@vablo7198 A chipset is a CPU and has graphics.

  • @PaulPlay
    @PaulPlay Před 7 měsíci +125

    The production cost of the iPhone 15P is 523$. This includes the parts, materials and labor but does not include research, product design, marketing and software development. He is talking about labor costs only which are of course very low, but the video is still very misleading.

    • @pauld.b7129
      @pauld.b7129 Před 7 měsíci +17

      Ah yes 😂 Believe Apple about their material costs. Advertising that they have an 800% profit margin on phones probably wouldn't be good for business. My Moto 5g was 50$ and they still made a profit selling it to me. While it has no "exotic material", I don't even know why you'd pay for that. Especially when it doesn't translate to durability in any way.

    • @At76812
      @At76812 Před 7 měsíci +4

      In all seriousness, how much research and, product design, and software design could they really be spending? I had the iPhone 7 for like 4 years until I lost it in 2022 and then had to “upgrade” to the 13.. it’s the same shit dude, it’s bigger and feels a little more “sleak” but it’s the same phone.. R&D, product design to me is nonsense.. and RESEARCH, research on what?!

    • @YouwrongIright
      @YouwrongIright Před 7 měsíci +5

      No way does the production actually cost $523. I can go buy basically the exact same phone at Walmart for $200. The only thing different is the brand name.

    • @PaulPlay
      @PaulPlay Před 7 měsíci +5

      @@YouwrongIrightif you‘ve once used a phone that costs 200$ you‘ll notice it’s not the same lol

    • @PaulPlay
      @PaulPlay Před 7 měsíci

      @@pauld.b7129apple doesn’t say anything about their production cost. This was estimated by industry experts, and it makes sense as apple buys most of their parts from other companies (display, batteries, materials etc.) and outsources manufacturing colpletely (foxconn, tsmc etc.) so these companies need to make money. It’s still a really big profit margin

  • @Blimpee
    @Blimpee Před měsícem +3

    He really said “nah, I’m more of an Android guy” 💀

  • @RichoGoMa
    @RichoGoMa Před 6 měsíci +892

    I did some research and it cost actually $7.99.
    Source: I visited the factory, trust me bro

    • @omermirza5994
      @omermirza5994 Před 5 měsíci +9

      3 times!

    • @Mahou11
      @Mahou11 Před 5 měsíci +16

      How many times?? Who did you meet? The CEO's wife?? 😂😂

    • @KhairulIslam-wn4cv
      @KhairulIslam-wn4cv Před 5 měsíci +4

      30 times? 😅

    • @nick2658
      @nick2658 Před 5 měsíci +13

      Jesus died on the cross so you can have forgiveness of sins and eternal(we dont know when we will die so the best time to accept Him is now)

    • @fabio.1
      @fabio.1 Před 5 měsíci

      Was it like a good time to come over and watch the factory reset a button that says a lot of people are here waiting to see if they can get long as you can use it for a while but I don't think it will be a good day for you guys to come over

  • @shikaisonline
    @shikaisonline Před 7 měsíci +994

    He is just talking about cost of labour. Not the raw materials, factory, taxes, retail price.

    • @filthyfinancials1622
      @filthyfinancials1622 Před 7 měsíci +76

      Insurance
      Patents
      Marketing
      Decade of RND
      But they are certainly overcharging us all.

    • @nu4chune
      @nu4chune Před 7 měsíci +13

      How about shipping, costs associated with other costs of business...

    • @simonprice779
      @simonprice779 Před 7 měsíci

      ​@@filthyfinancials1622😂😂😂

    • @dennisvillacorte4122
      @dennisvillacorte4122 Před 7 měsíci +39

      Still overpriced even if you add all the costs, made by people under slave conditions😅😅😅

    • @nyaandere
      @nyaandere Před 7 měsíci +11

      no, that $10 is real cost, but you need to make it at least 5000 pieces per day

  • @justinmacasinag6258
    @justinmacasinag6258 Před 7 měsíci +1328

    "To confuse the audience, you must confuse yourself first"
    ~Confucius

    • @federicolopez3577
      @federicolopez3577 Před 7 měsíci +2

      IN LATIN AMERICA TO MAKE A LEVIS JEANS , COMPANIES PAY $5.00 A DAY TO SOMEONE TO MAKE 25! PAIR OF JEANS

    • @S0time
      @S0time Před 7 měsíci +8

      Confusius*

    • @granand
      @granand Před 7 měsíci +7

      Glad sometimes Sun Tzu takes a break in the quotes

    • @MrJuniorz1
      @MrJuniorz1 Před 7 měsíci

      Shang Zu wins!

    • @williampetrus9775
      @williampetrus9775 Před 7 měsíci

      If you confused me, is that mean im confuseded ?

  • @josegarrido1055
    @josegarrido1055 Před 3 měsíci +1

    don't you believe him? I worked in a call center (not India) for 3 and a half dollars an hour, to listen to gringos complain because their internet dropped 1 MB

  • @user-op7qu7tw3v
    @user-op7qu7tw3v Před 7 měsíci +2122

    Materials cost $99, labor costs $10….. amazing

    • @ronaldmcdonald6067
      @ronaldmcdonald6067 Před 7 měsíci +168

      Materials are 300-400$, R&D is like millions and labor cost is 10$

    • @rileyfelix9494
      @rileyfelix9494 Před 7 měsíci +37

      marketing, events, running a global network of employees

    • @rogeliomartinez1316
      @rogeliomartinez1316 Před 7 měsíci +134

      400 for materials ? 😂😂😂😂 you are delusional 😂

    • @billkillernic
      @billkillernic Před 7 měsíci +41

      There are $50 RETAIL Chinese phones with AMOLED screens and decent cameras etc with a much bigger production line and access to Patent locked hardware I guess it could be as cheap as that

    • @billkillernic
      @billkillernic Před 7 měsíci +36

      ​​@@ronaldmcdonald6067lol $400 material cost? Dude it's sand (glass on screen, silicon on tiny chips ) resin (PCB) and ore stone (a few grams of aluminium ) 😂. Also r&d is just the monthly or yearly paycheck of the engineers designing the chip, the chip it self or the tooling to make it is not provided by apple

  • @paulorquiza104
    @paulorquiza104 Před 7 měsíci +210

    Im going to think 100 times before buying my next iphone.

    • @Fweaka
      @Fweaka Před 7 měsíci +4

      It’s pretty simple. If you want it and can afford it in budget go ahead.
      But if you care about less of the luxuries or flashy ness there are many phones for under $500. I’ve seen as low as $300 and if you go used and previous generations probably could get lower.

    • @kalishiva18
      @kalishiva18 Před 7 měsíci

      People don't realize that iphone use samsung parts so there's that. Open it up. And one item will be samsung.

    • @maximusstorm1215
      @maximusstorm1215 Před 7 měsíci +2

      If you're buying an iPhone, then you're not thinking.

    • @maximusstorm1215
      @maximusstorm1215 Před 7 měsíci

      ​​@@kalishiva18iPhones use roughly 60% Samsung parts I believe.

    • @la8ball
      @la8ball Před 7 měsíci +2

      Let me help you make that decision. What do you use it for? All phones do the same thing. Some phone do take better quality pictures but you're probably not photographer and iPhone doesn't even have the best camera. You're basically over paying and buying the same thing you already have. They add a gimmick to it that you will use it once or twice, and never touch it again. That way you don't feel ripped off. That all have the same memory of 4gb with 8 or 16gb storage. Encase you didn't know, 4gb memory is the lowest you can get that cost $40 and get 1080gb storage for $40 also. So yes, your over paying for nothing

  • @Cyberthug2000
    @Cyberthug2000 Před 7 měsíci +441

    Maybe 1 hour to assemble each phone... 10 dollars per hour.... Now parts are definitely NOT included... You can't buy a new processor or 12 gigs of new memory anywhere.....

    • @user-bk6or8sy3t
      @user-bk6or8sy3t Před 7 měsíci

      Slave labour don't pay 10 a hour

    • @spudo6
      @spudo6 Před 7 měsíci +37

      Foxcon dont pay $10 an hour 😂😂😂 they have been under fire for paying staff like pennies bro 😂😂😂

    • @Ear1sweatpants.
      @Ear1sweatpants. Před 7 měsíci +36

      That’s so cute you think they pay those kids $10 an hour 😭. More like 10 cents

    • @drbuffed4651
      @drbuffed4651 Před 7 měsíci +12

      Bro u live under a rock

    • @denniss7575
      @denniss7575 Před 7 měsíci +2

      You don't think they make most of the components them self?!

  • @Reshwanth_kumar
    @Reshwanth_kumar Před 2 měsíci +3

    That is Assembly cost only not included material cost. I'm also an employee in Foxconn

  • @patrickbraine3740
    @patrickbraine3740 Před 7 měsíci +806

    230 parts 10 dollars assembly and 33 shipping

    • @nicholasverdusco1889
      @nicholasverdusco1889 Před 7 měsíci +15

      But still 280$ to make but 5x that to buy..

    • @maxpert9
      @maxpert9 Před 7 měsíci +28

      @@nicholasverdusco1889just like everything else in the world. food and essentials too. 5x markup isn’t even a lot compared to everything else

    • @servesufacts
      @servesufacts Před 7 měsíci +5

      ​@@nicholasverdusco1889 it doesn't retail in the market straight from the factory. It needs to go through from suppliers to productions to whole sellers to retailers to customers. I didn't add the import export which cost a lot of money too.

    • @allabouttech3778
      @allabouttech3778 Před 7 měsíci +7

      @@servesufactsman I am looking for this comment , man these people are dumb what does they think electricity bill , gas bill , people who are working for them their paychecks ads and lot of other things and I have one more question if making good phone is that cheap why would other companies don’t make smartphones like this on the cheap price and sell it ❤

    • @ryanj9235
      @ryanj9235 Před 7 měsíci +1

      Definitely not 33 shipping per unit, they are tiny and shipped in bulk

  • @TG-zd9de
    @TG-zd9de Před 7 měsíci +285

    I watched the full video, majority of the people were saying $10 but he was just ignoring them 😂😂😂

    • @opeoluwaoluwunmi325
      @opeoluwaoluwunmi325 Před 6 měsíci +1

      Please, Do you have a link to the full video

    • @Tri3tanDoGood
      @Tri3tanDoGood Před 6 měsíci +6

      He just wanted to be the smart guy

    • @markhiller5037
      @markhiller5037 Před 6 měsíci +1

      He wasn't intentionally ignoring it's called gathering answers to see what people say regardless if the answer was already spoken.

    • @cindybogart6062
      @cindybogart6062 Před 3 měsíci +1

      That’s some nerve selling it for $1300, then!

    • @TG-zd9de
      @TG-zd9de Před 3 měsíci +1

      @@cindybogart6062 why? Selling what people are willing to pay. Also have to look after the stakeholders and overheads.

  • @fallennarcotic6981
    @fallennarcotic6981 Před 6 měsíci +879

    Well who’s at fault here? The consumer who buys the latest shit for the price of a fucking car

    • @Allthebest1010
      @Allthebest1010 Před 6 měsíci +28

      It’s Capitalism. We were all brought up in it in the US. Cheap labor in Asia is the reason American factories have greatly diminished

    • @fallennarcotic6981
      @fallennarcotic6981 Před 6 měsíci

      @@Allthebest1010you are right it IS capitalism. But the truth is also that in capitalism the consumer can make a choice. You can deny buying a phone for 1500€. Especially if you know it only costs a couple of hundred dollars to make it. If enough people don’t buy the price has to go done. But people are so god damn brainwashed into thinking they HAVE to buy the latest product even though it differs almost not at all from the older one.

    • @svenmasche
      @svenmasche Před 6 měsíci +5

      yeah there is no way the politics could do anything about this its all the consumers fault

    • @Peter-jo6yu
      @Peter-jo6yu Před 6 měsíci +12

      ​@@Allthebest1010 Yeah communism really worked out nicely in the Soviet Union 😂😂😂

    • @randomyoutubeuser3918
      @randomyoutubeuser3918 Před 6 měsíci +1

      @@Peter-jo6yu69 years

  • @amoechan2455
    @amoechan2455 Před 2 měsíci +2

    That's only labor cost... The whole product requires materials, operating, sales, marketing, shipping and packaging costs 😅

    • @nonameslb
      @nonameslb Před měsícem

      I would like to know what is the real total cost for Apple.

    • @smileychess
      @smileychess Před měsícem

      @@nonameslb- It’s more in the $300 range.

  • @imad_alhabsi8918
    @imad_alhabsi8918 Před 7 měsíci +166

    Need full story of this

    • @omnipotent_arcanis
      @omnipotent_arcanis Před 7 měsíci +5

      Each unit costs x to produce sold at y but n to develop. The first one is sold at the loss equivalent of y-(n+x). As units are sold the amortization will level off to the point that n becomes nill or thereabouts . This is when the unit becomes profitable.

    • @cthulhucharon549
      @cthulhucharon549 Před 7 měsíci +2

      Why? that's how we work.... we will collapse at some point

    • @jaxxic
      @jaxxic Před 7 měsíci

      The natural materials are sourced by child and poverty wage labor in the Congo. Your phone was probably sourced by slave labor as well.

    • @user-oc2yu3pk9y
      @user-oc2yu3pk9y Před 7 měsíci +2

      Parts are cheap once you mass manufacture it. It’s the r&d, engineering, cost of advertising etc that drives up some of the cost. Don’t get me wrong… Apple still makes a lot of money on each one.

    • @ramborabbit9590
      @ramborabbit9590 Před 7 měsíci

      Labor costs is the biggest cost for mass manufacturing.

  • @danieledwards3318
    @danieledwards3318 Před 7 měsíci +1559

    Absolutely no R&D costs either. Design just appeared into existence.

    • @TexMackerson
      @TexMackerson Před 7 měsíci +43

      Right, like, cmon, they upgrade their devices with each generation, adding more stuff and making the phone better, and lets not talk about the time and research it goes into desining every generation.... Oh... Wait... 🫵🏻😆

    • @aliesmail5520
      @aliesmail5520 Před 7 měsíci +83

      Bro chill it’s the same rectangle every year 😂 Then every 5 years they move the camera 3 millimeters to the right and call it innovative.

    • @RioCrypto55
      @RioCrypto55 Před 7 měsíci +25

      The design has hardly changed. What are your talking about 😂

    • @jag3919
      @jag3919 Před 7 měsíci +13

      @@TexMackerson to some degree, but how are they in any way making innovative phones? Nowadays you have phones on the market like the Samsung Fold, which are incredible innovative products. I’m an iOS user, yet I’ll still gladly admit that the product changes less than fucking FIFA and CoD does each year.

    • @TexMackerson
      @TexMackerson Před 7 měsíci +1

      @@jag3919 r/wooooooosh

  • @beuio
    @beuio Před 7 měsíci +148

    For those who don’t understand what he means, he’s talking about the labour costs to put together the pieces. If we are talking hardware, shipping, storage of parts, economy of ordering everything necessary for the right time and place and then licences costs, it would bump it to possibly 100 dollars. If we are including R&D, per device, we are likely looking at 400-500ish for the first wave of devices if we go with the 300% profit business model, then majority if not all R&D is paid off so likely the full cost of production drops to 100-200$ max after the first few months.

    • @SD-gw9yy
      @SD-gw9yy Před 7 měsíci +4

      Total nonsense.

    • @jagslab
      @jagslab Před 7 měsíci +2

      But then you also have to take into account transportation costs, advertising costs, costs to pay employees to run their site, pay employees to do their accounting, maintain custom support, etc.

    • @user-Silvershade
      @user-Silvershade Před 7 měsíci +2

      Sold for above 1000$ cost 210$ 😐

    • @minhtuan7031
      @minhtuan7031 Před 7 měsíci

      @@SD-gw9yyDo the maths and research my guy he is not wrong the cost to make the phone it’s not espensive it’s about 1/5 the cost but the marketing prices take about 50% to 70% of the cost thats how espensive product like shoes or clothing brands makes money we can make them for 1/3 of the price but we still make profit

    • @user-fr8kf5uu9y
      @user-fr8kf5uu9y Před 7 měsíci

      No. He meant parts and labor. You don't assume shipping. And I don't care about your minions and their "cut". You're a salesman. As such. Who cares how many b- holes you have with their finger in the pie. Spoken like a person who talks for a living. This guy MAKES the product I want. Any jabroni can sell it.

  • @mauzeking6661
    @mauzeking6661 Před 11 dny

    This is deceptive majority of the cost of making an iPhone is in engineering, design, development, and distribution. The actual production is relatively cheap. They spend millions in programming and designing the chips that cost cents to actually make.

  • @sean117xx
    @sean117xx Před 7 měsíci +353

    Rnd cost, manufacturing machine cost, maintenence cost, not to forget the workers salary

    • @user-bu4qv8ss1u
      @user-bu4qv8ss1u Před 7 měsíci +9

      Don't forget you pay for the cost of the mass shipping and Union workers here handling them into distribution channels of various carriers, advertising and store stocking space and so on, it gets pricey. So as people point out here, he was only talking about labor cost there.

    • @khanhnguyen-tt3ff
      @khanhnguyen-tt3ff Před 7 měsíci

      ​@@user-bu4qv8ss1uand tax

    • @dark9588
      @dark9588 Před 7 měsíci +13

      Sorry he meant to say 12.50

    • @sunaboshi3664
      @sunaboshi3664 Před 7 měsíci +3

      Also you're paying for the software apart from the hardware, someone had to pay for it to be developed and installed.

    • @EmperorrZ
      @EmperorrZ Před 7 měsíci

      Workers cost 😊

  • @Homelessuser3351
    @Homelessuser3351 Před 7 měsíci +529

    The $10 is solely for labor costs, not including the cost of parts. The salary of Foxconn production line is around
    $400/m.

    • @billystatham2086
      @billystatham2086 Před 7 měsíci +7

      wrong. 400 a month? but they don't make 1 phone in a month, they make a many hundreds of.thousands or.more. and I assure you they don't employ hundreds of thousands at the factory. sorry your math and logic is flawed.

    • @Homelessuser3351
      @Homelessuser3351 Před 7 měsíci

      @@billystatham2086 You can easily check salaries on Chinese hiring websites; the base is $400/month, and with overtime, it could reach $1000. Supervisors might earn between $2000 to $3000/month, depending on the site where they work. I'm not trying to do the math here; rather, I'm illustrating how low labor costs are in China compare to western countries. Of course, there are different levels of work on the production line. Including the management level, the labor cost would be much higher. Foxconn claims to have over 1200 workers on one production line, capable of producing 600 phones per hour. Calculating the real labor cost is not straightforward without the data. However, I assume $10 per phone is within the range, as I read a report a few years ago indicating that the manufacturing cost of an iPhone is around 2% (excluding components). Again, I'm not doing the math here. By the way, imagine moving the production to the U.S., where manufacturing costs could reach 5%.

    • @Homelessuser3351
      @Homelessuser3351 Před 7 měsíci

      @@billystatham2086 You can easily check salaries on Chinese hiring websites; the base is $400/month, and with overtime, it could reach $1000. Supervisors might earn between $2000 to $3000/month, depending on the site where they work. I'm not trying to do the math here; rather, I'm illustrating how low labor costs are in China. Of course, there are different levels of work on the production line. Including the management level, the labor cost would be much higher. By the way, Foxconn claims to have over 1200 workers on one production line, capable of producing 600 phones per hour. Calculating the real labor cost is not straightforward without the data. However, I assume $10 per phone is within the range, as I read a report a few years ago indicating that the manufacturing cost of an iPhone is around 2% (excluding components). Again, I'm not doing the math here.

    • @MsKwaiChang
      @MsKwaiChang Před 7 měsíci +1

      Where'd they make them, prison???

    • @user-yq1yb5pu8j
      @user-yq1yb5pu8j Před 7 měsíci +2

      Foxconn workers salary in a month can buy latest iphone promax model😊

  • @reiniergarcia
    @reiniergarcia Před 9 dny +1

    That's the labour cost dmbss. And that's not manufacturing. That's assembly. 😂😂

  • @OlympischbriesjeNadaAverage
    @OlympischbriesjeNadaAverage Před 7 měsíci +1511

    it costs a Doctor 10 minutes to solve your issue, but a 12 years of education at top level.

    • @JustinSaneTube
      @JustinSaneTube Před 7 měsíci +25

      Dude that’s genius and I’m gonna steal this for convos

    • @cacjad
      @cacjad Před 7 měsíci +36

      It cost a mechanic 10 minutes to fix a problem, but the concepts of physical chemistry and physics took thousands of years to take us to this point, so he should be paid a million dollars.

    • @JustinSaneTube
      @JustinSaneTube Před 7 měsíci +32

      @@cacjad no that was dumb actually

    • @signs-of-life3207
      @signs-of-life3207 Před 7 měsíci +17

      treating the symptoms. thats all they learn. cant even claim they cure anything

    • @afterburned06
      @afterburned06 Před 7 měsíci

      ​@@signs-of-life3207Modern medicine creates as many future customers as it cures.

  • @zejams
    @zejams Před 7 měsíci +318

    Damn bro those thousands of engineers writing the software for 10 bucks

    • @hboy8625
      @hboy8625 Před 7 měsíci +28

      Did you actually listen to the vid, he said cost to make the phone (hardware), he never mentioned software, your just adding you own drama to it

    • @zejams
      @zejams Před 7 měsíci +15

      ​@@hboy8625
      um he said "how much it cost to make this (beautiful) product"
      Now imagine this product without software.
      wtf do you hear?

    • @Ihaveaguitar.
      @Ihaveaguitar. Před 7 měsíci +6

      ​@@zejamsto make them and program them are different things

    • @devilmancrybaby2101
      @devilmancrybaby2101 Před 7 měsíci

      @@zejamsexactly lol

    • @__noob__coder__
      @__noob__coder__ Před 7 měsíci +2

      Programs / softwares are part of the product.

  • @IC3_B3AR
    @IC3_B3AR Před 7 měsíci +211

    Actually sir it's not 10$, it's ten children 💀

  • @jankayoutube9960
    @jankayoutube9960 Před 2 měsíci

    It's same with bicycles. The manufacturing price of bicycle frame is around 10$, and many brands sell their bikes for almost 1000$ with most basic components.

  • @princejohn9630
    @princejohn9630 Před 5 měsíci +697

    Apple hired him after knowing they can make it in 10 dollars 😂😂😂

    • @user-fi1ri3li7y
      @user-fi1ri3li7y Před 5 měsíci +3

      😂😂😂😂😂

    • @AwesomeBlackDude
      @AwesomeBlackDude Před 5 měsíci +5

      Americans will pay through the nose ignorance is bliss 😅

    • @MISTSHIFTGaming
      @MISTSHIFTGaming Před 4 měsíci +5

      Apple is selling a 50$ phone for 1000 and tech inside is 7y old soni just laugh if anyone says why you still android it's 2024:... because I'm not stupid

    • @ghg789987
      @ghg789987 Před 4 měsíci +3

      10$ in labor. It's around 550$ overall

    • @eddavons0690
      @eddavons0690 Před 4 měsíci

      But is true. Study some manufacturing managenent and you'll learn something abt it.

  • @deeagnol
    @deeagnol Před 7 měsíci +788

    Bro got his finance degree from McDonald's

    • @phenyomolefe4162
      @phenyomolefe4162 Před 7 měsíci +2

      I could agree with you more

    • @doge1590
      @doge1590 Před 7 měsíci +4

      Bros he's ex minister of Indonesian his name Gita Wiryawan

    • @doge1590
      @doge1590 Před 7 měsíci +5

      He's degree probably more than your grandma

    • @tankki1583
      @tankki1583 Před 7 měsíci +4

      Yet makes more money than you will ever do in your lifetime

    • @danielsolis6854
      @danielsolis6854 Před 7 měsíci +1

      A bro 5 million degrees a say.. most in Congress

  • @tux7300
    @tux7300 Před 7 měsíci +4706

    🥳 🎉 🪅 🎊

    • @Omar-xv5wn
      @Omar-xv5wn Před 7 měsíci +34

      😂😂

    • @asparrow9876
      @asparrow9876 Před 7 měsíci +46

      The CEO of AliExpress and Alibaba were also present. They were all playing Mahjong when he came to be a drag. 😂😂😂

    • @freshtoast3879
      @freshtoast3879 Před 7 měsíci +12

      Shopping like a billionaire. Ooh yeah! 😅

    • @jordanwiley1283
      @jordanwiley1283 Před 7 měsíci +27

      Reading comments like yours makes me happy because it reminds me of how poor of an understanding the average person has of economics / critical thinking and thus how weak my competition in life is. Thank you for your sacrifice.

    • @freshtoast3879
      @freshtoast3879 Před 7 měsíci +1

      @jordanwiley1283 I completely understand how the iPhone costs are cut so much at wholesale.

  • @egggang5998
    @egggang5998 Před 6 měsíci +326

    bro graduated from youtube reels

    • @scoutman
      @scoutman Před 6 měsíci

      chinee garbage and that aint you tube.i lived there.everything comin outta there is junk

    • @muhfarisyah
      @muhfarisyah Před 6 měsíci +17

      he actually the former minister (2011-2014) of trade of indonesia, now sharing on youtube in a show called endgame. he graduated from harvard.

    • @samsturmer1659
      @samsturmer1659 Před 6 měsíci +3

      CZcams shorts*

    • @MoSco5000
      @MoSco5000 Před 6 měsíci

      CZcams reels?

    • @lantun4429
      @lantun4429 Před 6 měsíci

      @@muhfarisyah bro just ask the biggest graduate google, it says 500 €

  • @HMAnetwork
    @HMAnetwork Před 7 měsíci +339

    The true cost is in the R&D. Not the manufacturing.

    • @miguelmuniz5528
      @miguelmuniz5528 Před 7 měsíci +21

      Even then the cost to produce high level semiconductors and parts is way more than $10

    • @varman001
      @varman001 Před 7 měsíci +2

      it is the profit! 99%

    • @Otomega1
      @Otomega1 Před 7 měsíci +19

      Cope
      R&D is incremental, you don't have to reinvent 95% of the product

    • @FelixMendelson
      @FelixMendelson Před 7 měsíci +3

      ​@@Otomega1exactly.
      God I hate this shit.

    • @NJTRAF
      @NJTRAF Před 7 měsíci +5

      Of course, however, when was the last MAJOR update with an iPhone? 🤷🏻‍♂️ not at a Software level, but Hardware? And how much of it is directly fully done by Apple?
      I don’t know, but I’d guess that 90% of what is in an iPhone had precisely nothing to do with Apple, and is instead bought in tech from other companies.
      Similarly to how with a Lamborghini, there are a hell of a lot of the components on that $200k+ car that are directly transferred from Audi. They charge a huge premium for those parts, but you can buy most directly from Audi rather than Lamborghini.
      Apple are similar, id imagine, and a lot of the internal components will be from other companies and then severely upcharged

  • @rianime9371
    @rianime9371 Před 6 měsíci +184

    he meant the cost for assembling it, rather than the parts. Even so it's nowhere near expensive as it's selling price.

    • @iksdeeee
      @iksdeeee Před 6 měsíci +8

      Exactly, iphone 15 costs like 300-450 to make :D This guy is a tiktok farmer :D

    • @Tommi-C
      @Tommi-C Před 6 měsíci +1

      I was just going to say that. Your right, it's the cost of assembly.

    • @nileyellow861
      @nileyellow861 Před 6 měsíci

      Apple pays 17 dollars per Iphone for the patent to use the Qualcomm chips not to mention the chips they have to buy.
      10 dollars might be a part of a chain of expenditures for apple but that's not to be confused with total cost. Apple is not selling iphones with a 10 000% markup. A quick searched which might be biased showed that an Iphone 14 pro max costs in total $464 with a retail price of 1099.
      As you said 10 dollars gets you factory operation costs, that's it.

    • @patriot1303
      @patriot1303 Před 6 měsíci

      You realize it takes more to run Apple than the parts and labor cost of assembling an iPhone right?

  • @Kais-In9Minutes
    @Kais-In9Minutes Před 11 dny +1

    Lemem break it down for all these fools in the comments...
    A processor is one of the costliest things in a phone because of how complicated it is to build one, it is ultra precisely graved with lasers into 100% pure silicon (which is also hard to make since u can't find it pure in nature), and the machinery needed to make it is minimum 3 times the price of a 70k car and they run with a lot of electric power. A processor alone
    Would cost around 500$ to make including all the engineering etc, then you got the other parts that are a lot less pricy the 2nd most costly thing being camera lenses because of how small and fragile it is it's very hard to make. That would cost around 300 and then most of the rest of the price is from moving the parts around the globe, covering employees payments, advertizing and improving the software

  • @universecreator1
    @universecreator1 Před 7 měsíci +289

    $10 is for assembling smh. It’s in hundreds with battery, chips, antennas, camera etc.

    • @NightmareXDYT
      @NightmareXDYT Před 7 měsíci +11

      No lol

    • @Dendoi_
      @Dendoi_ Před 7 měsíci +14

      Assembly is free, kids who inhale glue all day don't need money as they won't live long anyways

    • @jamestownbadass2579
      @jamestownbadass2579 Před 7 měsíci +2

      @@Dendoi_only if you are American kids live in the 1920s

    • @deen-ym6ti
      @deen-ym6ti Před 7 měsíci +7

      @@NightmareXDYTwdym no he is right it’s about 500-600 with all parts

    • @asylum9868
      @asylum9868 Před 7 měsíci +1

      yeah apple's profit is like 40%

  • @liamholt9951
    @liamholt9951 Před 7 měsíci +126

    He said $10 production, which is right all the components and raw materials are mass produced. Workers are paid very little, software is programmed across the whole range for millions of phones. They are produced on a production line, making them very, very cheap. The marketing etc is where the money is.

    • @khora4230
      @khora4230 Před 7 měsíci +9

      Only the materials are way more expensive than that

    • @potassiumcyanide3857
      @potassiumcyanide3857 Před 7 měsíci +3

      You dont lose software everytime you print it so that is money out of thin air

    • @swickens930
      @swickens930 Před 7 měsíci +9

      Bro, it costs more money for the electricity needed to make this phone from scratch. Video is garbage.

    • @tanpham937
      @tanpham937 Před 7 měsíci +8

      No matter how cheap it's definitely not 10$, chinese companies in my country dont even pay that low for a day work.

    • @Action2me
      @Action2me Před 7 měsíci

      @@potassiumcyanide3857software has to be constantly developed and updated. Gotta pay the software engineers.

  • @tenztse3292
    @tenztse3292 Před 2 měsíci

    Apple Pays around 25-30% in royalties to ARM. Then add all those chemical elements which adds towards cost, components and shipment cost. Labor alone doesn’t build a product.

  • @jxn1234
    @jxn1234 Před 7 měsíci +218

    Even wholesaler will gasp because camera module is worth 80$+😂

    • @ulas8201
      @ulas8201 Před 7 měsíci +10

      It's not the whole part cost. It's manufacturing price per phone what Foxconn gets it's 10 bucks I

    • @wedge3591
      @wedge3591 Před 6 měsíci +7

      Parts have a different Price if you buy a Million units.

    • @Manish_3333
      @Manish_3333 Před 6 měsíci

      What's your IQ?

    • @R1S0.
      @R1S0. Před 6 měsíci

      its the assembly price, not the hardware price....

    • @jxn1234
      @jxn1234 Před 6 měsíci

      @@Manish_3333 you first🙃

  • @CutriaSala
    @CutriaSala Před 5 měsíci +156

    Bro said 10$ with a straight face 😂

  • @nickyp.1575
    @nickyp.1575 Před 7 měsíci +17

    My grandad told me he got a sapphire for $3 from a factory and sold it for $70/piece. The guy who bought that stone get it certified and sell it for $200. I told my grandad that it sounds so unfair to those who sacrifice blood and sweat for a salary or small profit businesses. He said it's the unfair knowledge and connections advantage.

    • @Arunkumar-gt4fn
      @Arunkumar-gt4fn Před 7 měsíci

      Same thing happens with Farmers

    • @unpopularopinion9831
      @unpopularopinion9831 Před 7 měsíci +2

      Now let me tell you the story of a group of small hat enthusiasts that convinced women shiny worthless rocks were worth thousands and a man needed to spend 3 months salary or more for their engagement rings, while paying pennies to the miners... Oy vey.

  • @fleetkidn
    @fleetkidn Před 24 dny +1

    Twist : It was April 1st all three times he visited.

  • @yangfanghao
    @yangfanghao Před 7 měsíci +268

    10 dollars for labor, materials will cost around 200

    • @c1h2r3i4s56987
      @c1h2r3i4s56987 Před 7 měsíci +11

      not in china silly

    • @charliefernandez905
      @charliefernandez905 Před 7 měsíci +20

      Nope i think $100-$150 is the real price of the materials and i know this because i am on the industry although not iphone i am on the xiaomi phones and oled lcds for xiaomi phones cost around $20-$25 back panels for xiaomi's cost around $5 motherboard for xiaomi phones cost around $40 idk the price of chips but i think they would actually just add up to $100-$150 all in all i hope you read this because i think yt is gonna delete my comment again my last comment about this thing got deleted for some reason along with the replies now i am sure somebody is really watching us on the internet 🤣🤣🤣

    • @freedomforimps
      @freedomforimps Před 7 měsíci

      It’s way more than 200€

    • @boogyman29
      @boogyman29 Před 7 měsíci +5

      Me - Who will take account of R&D cost, Software cost, Operational cost, Salaries & profitability?
      This guy - Those are not important for a company. Trust me 😂

    • @charliefernandez905
      @charliefernandez905 Před 7 měsíci +1

      @@freedomforimps the hardware itself definitely would not cost €200 above considering the poco f5pro would probably cost around $110 or $120 to make lmao the only thing that makes iphones special is the software itself they invest millions every update on the software xiaomi phones miui based on what i heard invest 20-30mil every update idk how much apple invest on there zoftware but i think they realistically they invest 30mill+ every software update

  • @HandDeliveredVideos
    @HandDeliveredVideos Před 6 měsíci +209

    JFGI results from "Tom's Guide" (and numerous other results similarly): "The final bill of materials for the iPhone 15 Pro Max is $558 according to this analysis, which is 12% more than the iPhone 14 Pro Max cost."

    • @ChinaxxlGreen-hq2eq
      @ChinaxxlGreen-hq2eq Před 6 měsíci +9

      STOP LYING ...
      YOUR DOING CLEAN UP FOR THE COMPANY AFTER THAT BOG BOMB!!!

    • @HandDeliveredVideos
      @HandDeliveredVideos Před 6 měsíci

      ?@@ChinaxxlGreen-hq2eq

    • @Testiculitis
      @Testiculitis Před 6 měsíci +19

      The guy in the video is talking about the cost to assemble it...

    • @HandDeliveredVideos
      @HandDeliveredVideos Před 6 měsíci

      He could have had a far, FAR greater impact by being far more clear on what he was trying to get across. He starts by saying, "...Does anyone know how much it costs to make this product?" For clarity and for far greater real impact on the issue he easily could/should have said, "...Does anyone know what portion of the $699 iPhone 14 retail price is labor? It's only $10. $10 bucks, that's all Apple's manufacturer, Foxconn is paying their employees to make your $700 iPhone!" Adding those few extra words would have resulted in a tiny fraction of the 11M views it received as he stated it. He could have followed with, "At only $10 per iPhone Foxconn pays its workers far less than many (most, whatever the case may be) companies in China and I am calling on them to triple the pay of their workers so they are among the highest paid assembly line workers in China. Who in the audience would be willing to pay an extra $20 for their phone to help Foxconn workers become some of the highest paid and make $30 per phone? Stand up and keep yelling as loud as you can, "$30 dollars, $30 dollars!" if you are is willing to sign a pledge TODAY to never buy another iPhone until Apple requires Foxconn triples their employee pay? Let's make Apple hear you!" He'll never get another 11M views so this was a totally lost moment to make a change.

    • @Shadow_YT267
      @Shadow_YT267 Před 6 měsíci +3

      @@ChinaxxlGreen-hq2eq Its the real cost....
      The only thing people know is the cost of the parts

  • @fergusbarnett6029
    @fergusbarnett6029 Před 7 měsíci +499

    Ah, to “assemble” not to make. The audience was more correct that his answer.

    • @Grd77
      @Grd77 Před 7 měsíci +4

      Not sure why you have to make things up to try to make this guy wrong about something he clearly knows more than you about 😂

    • @Vijaysmarketing
      @Vijaysmarketing Před 7 měsíci +3

      Have you been to the factories 3 times?

    • @4purs
      @4purs Před 7 měsíci +9

      @@Grd77 he clearly knows more cus he’s on stage with a turtleneck on? 😂 the materials alone cost more than 10$ so it can’t be total cost of the phone. They buy their chips from TSM and the processor is 130$ alone

    • @Ben-iz9ud
      @Ben-iz9ud Před 7 měsíci +3

      ​@@4pursbelieve it or not you get pretty good deals on material when you order enough to make 20 million phones

    • @stasglazkov8734
      @stasglazkov8734 Před 7 měsíci

      ​@@broKen73484Because you at least need to divide the materials to their shape and size to create a phone. Sorry, but 10$ just doesnt make any sense as a price for a device capable of communication and fitted with a screen. Because the silicone alone, that ~1 gramm of it would be already worth 2$ by weight even before you cut it into smaller pieces and print your circuits on it. Usually the screen alone would be ~10-15$, but iPhones actually use more expensive ones which cost around 20-30$.
      In the end the price comes to somewhere around 80$ before the software and firmware cost are included and to somewhere around 200-250$ after they are.

  • @Darnook-bl8cq
    @Darnook-bl8cq Před 3 měsíci

    Of course, that's why Every huge corporation wants a manufacturer in China or India, because they can pay cents for every worker, and workers from those cents has whole salary which is as good as every other

  • @emmanuelameyaw9735
    @emmanuelameyaw9735 Před 7 měsíci +171

    Dude, that's just assembling cost.

    • @bobf5360
      @bobf5360 Před 7 měsíci +3

      ok, still. Call it $50 all in. It's still 95% profit. There is a reason Apple has more cash in reserve than most countries.

    • @hypnotoad5041
      @hypnotoad5041 Před 7 měsíci

      @@bobf5360its more like 350 as it has some really advanced tech in there

    • @DutchmanAmsterdam
      @DutchmanAmsterdam Před 7 měsíci +1

      No, it's total cost.

    • @christiandabest1932
      @christiandabest1932 Před 7 měsíci

      @@bobf5360it’s 460

    • @Tobsson
      @Tobsson Před 7 měsíci +1

      Why do you even believe it would cost 10 full bucks to assemble a phone?

  • @danieljinmi
    @danieljinmi Před 7 měsíci +464

    Source: “i swear to god…”

    • @princeojha5460
      @princeojha5460 Před 7 měsíci +1

      😅

    • @bakunawa534
      @bakunawa534 Před 7 měsíci +1

      But he is staying a fact though

    • @IgnisPeaks
      @IgnisPeaks Před 7 měsíci +5

      ​@@bakunawa534and what's the source then

    • @xi_x792
      @xi_x792 Před 7 měsíci +8

      Source: " Trust me bro, i know this one guy.."

    • @jgoat4
      @jgoat4 Před 7 měsíci +1

      @@IgnisPeaksit’s misleading though. he’s right but the parts itself costs like $350 so basically $400 to make the phone.

  • @R4JVEER25
    @R4JVEER25 Před 7 měsíci +72

    Relax guys its just the cost of labour to assemble the iphone

    • @baawbaaw9931
      @baawbaaw9931 Před 7 měsíci +1

      Wow then that's over priced for slave labor

  • @srikrishna2561
    @srikrishna2561 Před 2 měsíci

    The cost to make an iPhone is around $423.
    (Excluding R&D, Marketing and Other Expenses and Profit on top of that)

  • @Csongor_Radai
    @Csongor_Radai Před 7 měsíci +435

    Bro is high af

    • @NOAH-zu8od
      @NOAH-zu8od Před 7 měsíci +14

      He was talking about the total cost of labor for the assembly of one such phone.. technically, not lying..

    • @Jadenk10
      @Jadenk10 Před 7 měsíci

      It's true through it cost little to nothing to make that's why foxcon employees was killing themselves working for little to nothing assembling it

    • @peryphiachovet2180
      @peryphiachovet2180 Před 7 měsíci +6

      Nah, u just hurt cuz u can't believe you're actually ripped off by Apple so much. He visited the plant 3 times, you haven't, you obviously don't know any better.

    • @kry0cera962
      @kry0cera962 Před 7 měsíci +2

      @@peryphiachovet2180he is wrong end of

    • @mattfowler3760
      @mattfowler3760 Před 7 měsíci +1

      @@peryphiachovet2180if you understood what is going into the phones? You would know they dont cost 10 dollars. Also, you can literally look up this information online and find out that he is full of crap. But hey, keep thinking you know everything based on YT shorts 😂

  • @itsmorty788
    @itsmorty788 Před 7 měsíci +45

    Someone should’ve called him out on the spot.

    • @PrideSP
      @PrideSP Před 7 měsíci +1

      But he's right.

    • @toddsmith3983
      @toddsmith3983 Před 7 měsíci +1

      They would have if they could have. Take your blindfold off. Research reality

    • @ocatehkira
      @ocatehkira Před 7 měsíci

      He can buy you and your whole family. Search his name: gita wirjawan 😅

  • @Sir.T
    @Sir.T Před 7 měsíci +35

    Either way, what ever it costs the mark up is crazy af $999+

    • @morbid747
      @morbid747 Před 7 měsíci +4

      Plenty of suckers willing to make Apple shareholder filthy rich.

    • @bobby6134
      @bobby6134 Před 7 měsíci +2

      Don’t forget about the billions over the years for research. Technology doesn’t advance on its own.

    • @lukazupie7220
      @lukazupie7220 Před 7 měsíci +2

      Apple has about 20-25% net margin. It is very big for such a huge company, but not crazy. Many small businesses have far larger margins.
      And just bcs they have bigger margins then other phone makers doesn't mean Iphone is not the best buy, it can still be.. so no they/we are not necessarily suckers for buying Iphone just bcs their margin is bigger. And remember 1000$ iphone would still cost close to 800$ without them earning anything.
      I bought my 13 for 500eur about a year ago. I bet i can sell it for 400eur now without any problem (yes apple holds it value better) So it cost me 100eur in a year. 0,3eur a day for a device that i use 10+ hours a day. 😀

    • @ntsk2t-bs5mt
      @ntsk2t-bs5mt Před 7 měsíci +1

      the most reasonable price on the market lol

    • @Andy-ih5el
      @Andy-ih5el Před 7 měsíci

      999 useable for 4 years about 250 year then trade in for 200 to buy next one it would be just 799. Pay with Apple Card you can save another 3% discount

  • @dannyn.3539
    @dannyn.3539 Před 2 měsíci

    Foxconn charges $10 for labor to put it together. Material is supplied by many other companies that Apple contract with. The processor is design by Apple and produced by TSMC which the ship to Foxconn to assemble.

  • @lsal1
    @lsal1 Před 7 měsíci +543

    Quiz the world: do you know how stupid I am?
    Man:

    • @3a3a_3oy
      @3a3a_3oy Před 7 měsíci +1

      Lengendary comment

    • @DrGranfouzi
      @DrGranfouzi Před 7 měsíci +2

      He talkes about labor. i don't know who's the stupid! 😂😂😂

    • @rawkingkong
      @rawkingkong Před 7 měsíci +2

      He said how much it costs to make it. Not market,package, and deliver. Still a gross amount of profit margin. Otherwise, they wouldn't be able to pay apple workers who barely do shit a living wage in the most expensive cities.

    • @Mrbis011
      @Mrbis011 Před 7 měsíci

      He was a minister of trade in Indonesia. He also has a company himself. And here you are self entitled guy who knows shit 😂

    • @sidhant3030
      @sidhant3030 Před 7 měsíci

      Looks like an AI made video

  • @Xfady
    @Xfady Před 7 měsíci +392

    $10 is the assembling cost
    Not the device cost

    • @joaorodrigues-dy9rm
      @joaorodrigues-dy9rm Před 7 měsíci +15

      Still, doesnt 10$ say a lot, from a company selling them for over 1k.
      Greedy

    • @justintegtmeier
      @justintegtmeier Před 7 měsíci +9

      @@joaorodrigues-dy9rm- Greedy, sure.
      Folks keep buying it, though.
      Smart marketing to dumb people.

    • @MCDEMON-OG
      @MCDEMON-OG Před 7 měsíci

      ​@@justintegtmeierfor branding'for showoff that's what apple sells they don't sell phone they sell branding to show off

    • @mohammadullah7521
      @mohammadullah7521 Před 7 měsíci +1

      ​@justintegtmeier well these are all users just swimming in consumerism innit and is ficking stupid just by a Japanese brand phone way bette3 value for money 😂

    • @MrDeanGr
      @MrDeanGr Před 7 měsíci

      and what is it ok ?
      are you dumb you ?

  • @robertandrews6956
    @robertandrews6956 Před 7 měsíci +10

    I live in Sydney Australia 🇦🇺 that phone 📱 cost $1,299.99
    From here to New Zealand 🇳🇿 this phone almost doubles in price and they call it shipping fees🤔

  • @consultant2678
    @consultant2678 Před 3 měsíci +3

    Apples biggest cost is for the Qualcomm processor that runs at 5% of purchase price. That’s why Apple has been pushing hard to make their own processors.

    • @consultant2678
      @consultant2678 Před 3 měsíci

      @@TheFrankvHoofyou’re clueless

    • @TheFrankvHoof
      @TheFrankvHoof Před 3 měsíci

      @@consultant2678 the screen is made by LG and runs their partners about $90 USD. Most high-end Qualcomm SoC's sell to their partners for about $75-80.

    • @TheFrankvHoof
      @TheFrankvHoof Před 3 měsíci

      @@consultant2678 the displays are made by LG and cost +/- $90. The high-end Qualcomm SoC's go for around $75/80

    • @TheFrankvHoof
      @TheFrankvHoof Před 3 měsíci

      Are you now just deleting my posts proving you wrong? That's really childish

    • @consultant2678
      @consultant2678 Před 3 měsíci

      @@TheFrankvHoof You just proved my point at how clueless you are ! Only CZcams can delete posts ! Seriously can’t make this stuff up !

  • @Kofi_Mensahs_BurnerAccount
    @Kofi_Mensahs_BurnerAccount Před 7 měsíci +212

    That $10 is the manufacturing cost. The parts cost a lot more than that even though they’re bought in bulk. It’s roughly $300.

    • @mezza001
      @mezza001 Před 7 měsíci +6

      I remembered reading somewhere it costs roughly $300++ to make an iphone.

    • @florian_d
      @florian_d Před 7 měsíci +5

      I think $300 was accurate a couple of years today, for the 15 PM it’s estimated to be $558

    • @Liveandletlive86
      @Liveandletlive86 Před 7 měsíci

      I've heard $400 usd recently

    • @jimibaked4235
      @jimibaked4235 Před 7 měsíci +5

      They cut the video just before the audience shouted bullshit 😂

    • @mysticaloreo9278
      @mysticaloreo9278 Před 7 měsíci +2

      ​@@florian_despecially since they dont make the screens or cameras in house, I bet it's a lot cheaper for samsungs because they make their own screens cameras and chips

  • @7oeseven793
    @7oeseven793 Před 7 měsíci +129

    He went to the factories 3 times and still thinks assembly cost reflects the value of the product.😂

    • @MrHatch530
      @MrHatch530 Před 7 měsíci +7

      He said how much does it cost to make not how much is it worth. 😂

    • @DelayEdits
      @DelayEdits Před 7 měsíci

      no he doesn't think that at all, he was saying that they're a rip off. Are you deaf or stupid?

    • @wesman6445
      @wesman6445 Před 7 měsíci

      Do you think these phones nowadays are valued at the ridiculous prices they are now?

    • @ronytanrim6616
      @ronytanrim6616 Před 7 měsíci

      Hahaha 😂😂

    • @irfansafie6467
      @irfansafie6467 Před 7 měsíci

      Do you even heard what he said?