Why iPhones Are So Expensive?????

The fact that phones are expensive is 100% true, and everybody knows that. But Have you ever wondered, "that why is it so expensive?" As per a specific survey and a lot of research,
it is found that a whole new i phone costs only 25000(350$) to 30000rs(400$) to get build completely. But the company sells it thrice at this price. There are a lot of valid reasons for this
In this article, we will try to discuss them all, and at the end of the article, you will exactly know why you paid that massive 1 lakh(1380$) to buy a new iPhone...

1.Company's reputation and Brand Value:-

As we are aware of the fact that Apple is a very reputed company. Everyone tries to great quality that people trust apple provides, and that is pretty much true. Apple has gained a very high brand value. Everyone thinks," which he has a phone; he must be rich," this feeling of richness or say being special makes the customers get the phone paying higher costs.

2. Great Quality of Product:-

Everyone knows that he is paying a big amount, so definitely the quality will be next level, that true also. The Quality of waterproofness is the main one that helps the user to lose his biggest

fear of dropping his phone in water, that gives safety to the buyer."Many of you may not know, but an iPhone is made completely by using a total of 75 elements among the 118 we have. This makes it look good and work well.

3. Retina Display adds cost:-

Every Apple iPhone has a retina display which is a costly display. That adds a total of 8000 to the phone originally. The color correction we get is awesome, and it saves a lot of battery, so the battery life of the phone increases.

4. Gives a feeling of gratitude to the customer:-

Whoever buys iPhone feels special, and also the view of the people around him changes too. This makes them buy the i phone, and thus the company never felt like giving customers a good price.

5. Latest technology and upgrades:-

the company is always in a rush to provide better to the customer. Time to time updates, use of the latest chips awesome cooling system, higher benchmark performance makes the iPhone a master phone, so the customer easily gets ready to pay high costs.

6. Sufficient Customer support and good yield:-

Compared to any other company, the company gets more yield if we look in case of money; the public never refused to avoid buying expensive totally, so many never felt like giving the iPhone cheaper.

7. Company's Marketing technique:-

Apple is a huge company and no doubt smart also that why it is the only company giving competition to the android companies. It had applied a perfect marketing strategy. Whenever it launches a new iPhone, the company always makes sure that it has something new that is completely different from previous generation phones. Which attracts people and in the End the high price doesn't matter to the customers.

These are some of the reasons Why my phones are expensive. Hope this helped you find your answer.