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Apple iPhone 11 Pro Max sells at Rs 1.09 lakh but its parts cost only Rs 35,000

The launch of the iPhone 11 series early last month, Apple fans were happy that it was actually cheaper than previous models launch prices. But have you wondered how much does it cost Apple to make it? A breakdown of iPhone 11 Pro Max that cost $1099 in the US and Rs 1,09,900 in India, reveals the total manufacturing cost to be $490.50 i.e Rs 34,800. It comes to about 45% of the total price Apple charges for the phone in US.