Apple doesn't need to charge $1,000 to make a killing on the iPhone X

With the entry-level 64GB iPhone X selling for $999 and the 256GB model retailing for $1149, the iPhone X is handily the most expensive iPhone Apple has ever released. And with good reason, the iPhone X houses more advanced technologies and complex components than Apple has ever managed to pack into a smartphone before. In turn, the iPhone X's bill of materials (BOM) is also quite high. Citing data obtained from TechInsights, Reuters relays that the 64GB iPhone X costs approximately $357.50 to m...