Report Reveals Material Costs for iPhone 15 Pro Max Reach $502
Counterpoint Research recently released the bill of materials (BoM) for the Apple iPhone 15 Pro Max, shedding light on its components and the cost incurred in its production. Priced at $1,199, the base model with 256GB storage has a BoM of $502. This marks a $37.7 increase from its predecessor, the iPhone 14 Pro Max, launched with the same price tag.
A17 Pro Chipset and 5X Telephoto Periscope Camera

The A17 Pro chipset and the 5X telephoto periscope camera are major contributors to the increased BoM. Manufactured on TSMC's 3nm process, the A17 chip incurs a $30 hike, providing 18% more transistors, 20% improved performance, and advanced features like 3D ray tracing and enhanced gaming capabilities.
The periscope camera, a first for iPhones, adds $25.1 to the BoM. Sourced from Lante Optics, Cirrus Logic, and LG Innotek, this camera assembly includes the entire rear camera setup, Face ID, front camera, and 3D Time-of-Flight (ToF) modules, making it 34% costlier than its predecessor.
Titanium Alloy Frame and Memory Market Trends
A $7 increase in the titanium alloy frame, compared to the stainless steel frame of the iPhone 14 Pro Max, contributes to the enhanced durability and a 20g reduction in weight for the iPhone 15 Pro Max. Despite the overall upgrades in components amounting to $63.1, the decline in memory market costs results in a $16.8 reduction in the price of the 8GB DRAM.
iPhone 15 Pro Max: Specs
As a refresher, the iPhone 15 Pro Max boasts a premium build with glass and titanium, dual SIM options, and IP68 dust/water resistance. Its LTPO Super Retina XDR OLED display, powered by the A17 Pro chipset, offers a vibrant viewing experience. The triple rear cameras, including a 48MP wide lens and TOF 3D LiDAR scanner, deliver versatile photography. Additional features include 5G connectivity, Face ID, and a robust 4441mAh battery supporting wired and wireless charging.


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