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iPhone XS Max 256GB materials cost $443, phone retails for $1,249

August 05, 2025

Apple’s latest and most premium smartphone, the 256GBiPhone XS Max, has a $443 bill of materials cost, according to estimates fromTechInsights. The website totaled up the component costs in a teardown finalized yesterday (viaAppleInsider).

The website examined the component costs and compared them to last year’s 64GBiPhone X, finding that it cost around $47 more to produce (the original iPhone X materials had a $395.44 estimated total). The iPhone X started at $999 for consumers, while the 64GB iPhone XS Max starts at $1099.

The iPhone XS Max in a render from an e-retailer.

The 256GB iPhone XS Max price is set at $1,249. It’s among the most expensive mainstream smartphones ever sold.

As is usually the case, most of the money goes on the handset’s display ($80.50), with the chipset ($72.00) and RAM ($64.50) costs following closely behind.

The Samsung Galaxy S9 Plus face down on a wooden table.

Meanwhile, Apple’s major competitor Samsung and itsGalaxy S9 Plus(from March) has a$379 bill of materials totalfor the 64GB version, and it cost $720 at launch. Samsung charged almost twice the cost of materials for the S9 at retail, while the XS Max retail price is closer to three times the materials.

TechInsightsdoesn’t have a finalNote 9 breakdown, though, as the more recent flagship, it would have made for a better comparison.

Samsung Galaxy S25 Ultra vertical app drawer

Is the 256GB iPhone XS Max a rip-off?

A smartphone’s component costs don’t tell us anything about how much a manufacturer makes from the product. The proposed $800 gap between the 256GB XS Max materials and retail prices don’t convey anything about R&D, advertising, distribution, or any other expenses that Apple must recuperate. That’s not to mention the fact that these figures are unconfirmed estimates.

In other words, this information alone doesn’t help us understand how “reasonable” the $1,249 retail cost is.

If I were looking at whether $1,249 seems like a good price, however, I might look at what the phone offers andhow it compares to similar Android phones. On that basis, I wouldn’t go anywhere near the iPhone XS Max.

What are your thoughts on the new iPhones? Are they worth the money? Let me know in the comments.

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