How much does <a href="https://gearrice.com/apple/" data-internallinksmanager029f6b8e52c="1">Apple</a> earn by selling an <a href="https://gearrice.com/apple/iphone/" data-internallinksmanager029f6b8e52c="3" title="iPhone">iPhone</a>?What is the market cap of Apple?The sale of iPhone 15 has started. On Friday, long queues formed at Apple stores from 4 am onwards. The result of this madness is that today Apple is the highest market cap company.Price of one share of AppleOne share of Apple is around $174 i.e. Rs 14,424. The current market cap of the company is $2.72 trillion. Apple products are known for their high prices.Slight changes in Apple products, big profitsApple projects its products as premium products. For this reason, it brings new iPhone by making small changes. People are ready to buy by paying lakhs of rupees.How much does it cost to make an iPhoneNBC said in a video, iPhone 11 Pro Max’s display is $66.50, battery is $10.50, camera is $73.50, processor-modem-memory is $159 and the remaining cost is $181.How much profit does one make on selling an iPhone?Now including all the costs, a total of $ 490.50 i.e. about Rs 40,627 was spent in making iPhone 11 Pro Max. Whereas its retail price was $1099.What is Apple’s revenue?Giant tech company Apple received a revenue of $ 394.32 billion in the year 2022, which was 7.79 percent more than the $ 365.81 billion received in the year 2021.iPhone’s share in Apple’s revenueOut of the total revenue of $394 billion for the year 2022, $205 billion was received only by selling iPhone. This means that more than half of Apple’s earnings come from iPhone only.
