But how much money is Apple actually getting out of it? Although the company never reveals such information, TechInsights (via Reuters) seems to have estimated the cost of the components used in the smartphone. According to estimates, it could have taken Apple $357.50 to make the iPhone X. If the mentioned amount is true, Apple has 64% gross margin, higher than the iPhone 8's 59%. It has also been mentioned that several parts of the iPhone X costs more than the components used in the iPhone X. The highlight of the smartphone, it's 5.7-inch OLED display, alone is said to cost around $65.50. The 4.7-inch LCD display of the iPhone 8 reportedly costs $36.