Apple's iPhone 8: Here's how much it really costs to build

Apple's iPhone 8: Here's how much it really costs to build

The new model has Ion-strengthened glass and oleophobic coating. Apple, as usual, hasn't offered the option.

It's a definite step up from the relatively minor update of last year's iPhone 7 Plus, thanks in particular to the addition of wireless charging and a superb camera update. After all, a phone with a depleted battery is a useless one. Popping the phone down on a charging pad rather than fumbling for a cord is a quality of life upgrade. The battery Apple managed to squeeze behind that 5.8-inch OLED screen has a capacity of 2,715mAh. But as with RAM, Apple has carefully optimized its OS to make sure that under regular use, iPhones can last just as long as its rivals' devices.

It isn't quite as convenient compared to Android's fast charging options, but we guess at least the option is there should users decide that they don't mind spending a bit more money to get the required hardware.

So while Apple is recommending people still use the official £25 USB-C to Lighting cable, you don't necessarily need to spend £50 on an Apple branded charger. LG meanwhile has made the V30 compatible with two competing technologies, Qi and PMA. During TSMC's July earnings call, co-CEO C.C. Wei told investors that the contract chipmaker had been "ramping up [its] 10-nanometer at full speed" for a month and that its manufacturing yield rates were "slightly ahead of schedule".

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Both models cost more to build than the last generations due to their improved cameras, larger starting storage capacities, and more advanced chips. Better pictures across all light conditions, putting Apple back at the top table alongside the Galaxy S8 and the Google Pixel in terms of cameras.

The iPhone maker will still be cashing in a huge profits on its new smartphones because of the increase in price is much higher than the climb in the investments on components.

The story is similar with the iPhone 8 Plus.

While LG hasn't officially revealed the price of the V30 outside Korea yet, leaks suggest it will retail for around US$749. The 64GB model will be priced at $999 while the 256GB version will cost you $1,149.

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