Everyone is flocking to buy themselves an iPhone 7 and when you do get your hands on one, your bank account will probably cry a little.
With prices set between $649 and $749 US, Apple would be making a hefty profit at the moment. CNN Money became quite interested in the size of these profits and so they created a price breakdown to show how much it actually costs to make that shiny new tech in your hand.
The result is a lot cheaper than you'd think!
The grand total price to make an iPhone according to this chart is only $292 US dollars.
Must be really expesive to ship these babies!
Images: Apple, Teardown.com