How much has it cost to produce the iPhone over the years (Photo)

With a starting price of $999, the iPhone X is no ordinary iPhone.

In fact, it is the most expensive iPhone Apple has ever produced and perhaps one of the most expensive phones produced for the masses.

The question is: Does the iPhone X justify that cost? While many people argue that a phone shouldn't cost more than $1,000, others justify its price with the phone's new technology.

According to tests, today's smartphones are as powerful as many computers, and why shouldn't they cost as much as our computers themselves?

So how much do we pay for the iPhone X and how much does it cost Apple to produce it? According to IHS, the materials of the iPhone X cost $370.2.

While this information only covers the cost of component materials, it is not known how much the phone costs Apple to produce.

Once upon a time Tim Cook said that predictions are far from the truth.