Apple CEO Tim Cook speaks during an Apple event announcing the iPhone 6 and the Apple Watch at the Flint Center in Cupertino
Apple CEO Tim Cook speaks during an Apple event announcing the iPhone 6 and the Apple Watch at the Flint Center in Cupertino, California, September 9, 2014. REUTERS/Stephen Lam

A teardown analysis that was carried out recently by a research firm called IHS has revealed how much Apple may be spending to build the new iPhone 6 and iPhone 6 Plus smartphones.

Re/code states that the analysis has exposed that Apple spends around $200 to $247 to build a single 4.7-inch iPhone 6 handset and it spends around $216 to $263 to build a single 5.5-inch iPhone 6 phablet with 128 GB storage. The price range includes different inbuilt storage options.

According to PhoneArena, in the past, Apple used to spend around $188 to $199 to build the previous editions of iPhones. The recently released iPhone 6 and the iPhone 6 Plus sport a premium metallic structure. Because of this very reason, Apple has to spend more money to build the new iPhone 6 handsets.

The off-contract price of the iPhone 6 is $649 for 16 GB storage, $749 for 64 GB storage and $849 for 128 GB version. Without contract, the iPhone 6 Plus is available for $749 for 16 GB storage, $849 for 64 GB storage and $949 for 128 GB storage.

According to the research, Apple spends $200 to make 16 GB edition iPhone 6 and then the handset is sold $649. To purchase the 128 GB edition, you have to shell out $200 more. However, Apple only spends $47 extra for the larger NAND drive for the 128 GB storage. This indicates that Apple enjoys profit margins of 69% to 70% on the recent iPhone 6 handsets.

The research reveals that the labor expense for assembling one handset costs around $4 to $4.50. The costliest part of the new iPhone 6 models is the LED-backlit IPS LCD displays. The 4.7-inch display of the iPhone 6 along with the touchscreen costs $45. The 5.5-inch display of the iPhone 6 Plus phablet with the touchscreen is priced $52.50

The dual-core A8 64-bit processor that has produced impressive benchmarks results is built in such a way that it consumes less battery power but offers stunning performance. Apple spends around $20 for each chip Apple paid around $17 to build the older A7 processor that is present inside the iPhone 5S and iPhone 5C.