Here’s How Much Apple Pays to Build Its HomePod Smart Speaker

Feb 15, 2018 - Fortune

Apple’s HomePod smart speaker is substantially more expensive than competing devices. But there might be a good reason for that: it costs a lot to build it.

The tech giant pays $216 to build a single HomePod unit, IHS Markit told Bloomberg on Thursday after analyzing all of its components. At a $349 price, the HomePod generates for Apple a $133 profit, or about a 38% margin, on the sale of each unit, the market researcher said.

Apple is known for generating significant margins on t...