Making a Xiaomi Mi 11 and an iPhone 12 costs exactly the same price

The Xiaomi Mi 11 and the iPhone 12 cost the same to manufacture but are sold at different prices.

There are many users who claim that the price of Apple phones is quite high, that they sell for well above what it really costs to make a smartphone and that of course, Bitten Apple devices are overrated.

It is true that Apple products are not really the cheapest on the market and everyone knows it Apple makes more than a decent profit per unit sold, on the contrary to other brands like Xiaomi, whose profit margins per smartphone sold are rarer.

Now alright Did you know that the Xiaomi Mi 11 and the iPhone 12 cost the same to manufacture? How is this possible if the two have very different prices?

Well it seems so, Apple sells a lot more than what it manufactures

Making the Xiaomi Mi 11 and the iPhone 12 costs the same

We read in It Home that the new Xiaomi Mi 11 and the iPhone 12 cost the same to manufacture and all this despite the fact that the official price of the two devices is not the same.

Just over a year ago, it was revealed that Apple would indeed earn around $ 500 per iPhone sold. For example, at the time, the cost of parts for a 64GB iPhone XS was around $ 392.5, while the official selling price for that product in a country like the United States was 1,099. €. Almost nothing the difference.

Today, things don’t seem to have changed much. Experts say that the manufacturing price of an iPhone 12 is 373 € and according to calculations it is practically identical to the new Xiaomi Mi 11. The difference? That the prices of the two are very different.

The official price in the United States of the most basic model of the iPhone 12 is 799 euros while the Xiaomi Mi 11, which we remember, rides the mighty Qualcomm Snapdragon 888 it is around 3,999 yuan, or just over $ 600.

While it can obviously seem like Apple is selling its phones for a lot more because all it wants is to make money (which is also true), analysts admit they didn’t take take into account that some possible manufacturing costs and not all, since you also need to take into account materials, workers’ wages, administrative costs as well as advertising and logistics.

Anyway, it is curious to know that in reality cell phones are practically all cut by the same model and that all have – almost – the same manufacturing costs. Obviously when setting the price of a product, there are many other variables to take into account, except that you are indeed Xiaomi and can afford to get only 5% profit per mobile phone sold.

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