Apple won’t reveal what it spends for parts to produce its biggest smartphones. But it doesn’t have to.

Analysts traced the company’s global production lines and recently released intel about what Apple pays for iPhone 14 Pro Max parts. Here’s why some materials are getting cheaper, while other costs are rising.

0:00 Unfortunately, Apple won’t reveal official profit margins for its devices
0:20 iPhone 14 Pro Max material costs
1:10 Two main reasons iPhone production costs generally trend upward over time
2:40 How Apple is dealing with rising production costs

I’m Dalvin Brown, a WSJ reporter covering personal technology, which includes the latest smart devices, apps and services making an impact on consumers. Subscribe if you're curious about what the latest tech developments mean for you, or if you want to go behind the scenes to find out what’s powering today's digital services.

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