Inside the price tag: Apple iPhone 16 Pro and Google Pixel 9 Pro production costs revealed

In the last few years, flagship phones from both Apple and Google more and more expensive, to the point where most of them are now priced over Rs 1 lakh. While these companies attribute these price hikes to inflation and rising costs of manufacturing more powerful chips, a new report sheds light on the manufacturing costs of the iPhone 16 Pro (review) and the Pixel 9 Pro (review).

According to Nikkei, the bill of materials (BOM), which is the price of the parts that make up the phone for the Pixel 9 Pro is around $406 (approx. Rs 34,210) whereas the iPhone 16 Pro costs $568 (approx. Rs 47,860).