Apple released two latest versions of its iPhone along with a new waterproof smartwatch at the start of this month. In the USA, the minimum cost of 32 GB model is $649 and for 128 GB model is $749. Due to this reason, people are taking interest to know about the manufacturing cost of top quality mobiles like iPhone 7.

A famous news site tried to make an estimate of the total cost for iPhone 7 and likewise smartphones by showing price of various parts.

Screen: $37

Screen $37

Battery: $4

Battery $4

Logic board: $74

Logic board $74

Speakers $11.50

Speakers $11.50

Casing: $22

Casing $22

Other parts: $117.50

Other parts $117.50

But it should be remembered that this price only include hardware components and cost of software and design is additional.