How Much Money to Make an iPhone: A Detailed Guide
Are you considering entering the world of iPhone repair or reselling? Understanding the costs and potential profits is crucial for making an informed decision. In this article, we’ll delve into the various factors that influence the amount of money you can make from an iPhone, providing you with a comprehensive overview.
Cost of an iPhone
The first step in determining how much money you can make from an iPhone is to know its initial cost. The price of an iPhone can vary significantly based on the model, storage capacity, and condition. Here’s a breakdown of the average prices for popular iPhone models as of 2023:
| iPhone Model | Storage Capacity | Average Price |
|---|---|---|
| iPhone 12 | 64GB | $699 |
| iPhone 12 Pro | 128GB | $799 |
| iPhone 13 | 128GB | $799 |
| iPhone 13 Pro | 256GB | $999 |
Keep in mind that these prices are for brand new, unlocked iPhones. If you’re dealing with used or refurbished phones, the prices will be lower.
Repair Costs
One way to make money from iPhones is by repairing them. The cost of repairs can vary widely depending on the issue. Here are some common repair costs for popular iPhone models:
| Repair | iPhone 12 | iPhone 12 Pro | iPhone 13 | iPhone 13 Pro |
|---|---|---|---|---|
| Screen Replacement | $199 – $299 | $299 – $399 | $199 – $299 | $299 – $399 |
| Back Glass Replacement | $299 – $399 | $399 – $499 | $299 – $399 | $399 – $499 |
| Camera Repair | $299 – $399 | $399 – $499 | $299 – $399 | $399 – $499 |
| Battery Replacement | $69 – $79 | $69 – $79 | $69 – $79 | $69 – $79 |
These prices are for parts and labor. If you’re doing the repairs yourself, you can save on labor costs. However, ensure you have the necessary tools and knowledge to perform the repairs effectively.
Reselling Prices
Another way to make money from iPhones is by reselling them. The price you can sell an iPhone for depends on several factors, including its condition, model, and storage capacity. Here’s a general guide for reselling prices as of 2023:
| Condition | iPhone 12 | iPhone 12 Pro | iPhone 13 | iPhone 13 Pro |
|---|---|---|---|---|
| Brand New | $699 – $799 | $799 – $899 | $799 – $899 | $899 –
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