Apple is once again in the news for presenting the impressive iPhone X to the users. Not only the model has got recognition for having a set of impressive features but also because of the sales margin it earns for the Apple. Apple’s iPhone X market has got global and so are the sales of the same. And, the delightful news for the tech giant is the sales for iPhone X are extending.
A recent analysis has claimed that iPhone X sale benefits the tech giant with 43 percent higher retailed rates. iPhone X smartphone costs $357.50 and the product is finally sold for $999. This gives the gross margin benefit of 64 percent to the Apple as per a study by TechInsights, a firm working for tearing down the technological devices.
Talking about iPhone 8 sales, the device costs $699. The cost is very much lower than the cost price of Apple’s iPhone X but the cost margin from the final sales comes near to 59 percent that is also lower than that of iPhone X gross margin. It is, of course, surprising as technological products have a higher cost as they age but the cost of the parts drops in the price.
iPhone X is a brand new device for users offered by the tech giant Apple. It has, of course, a set of innovative features for the users, which is winning over their hearts. Talking about the price for iPhone X, it is, of course, higher if compared with the previous versions. The set of features and functionalities along with the innovation that has been embedded in the device take the iPhone X price to a whole new level altogether.
Talking about iPhone 8, it is an update for the iPhone 7. The features and the innovations that have offered to the users are an advanced version of the older iPhone 7.