The $364.35 BOM represents 50 percent of the $729.00 retail price of the 32GB LTE version of the new iPad. The very lowest-end version of the new iPad, with 16GB memory and no LTE, carries a combined BOM and manufacturing cost of $316. The highest-end model, with 64GB memory and integrated LTE, has a total BOM and manufacturing expense of $408.70.
iHS iSuppli notes that these teardown assessments are preliminary in nature, account only for hardware and manufacturing costs and do not include additional expenses such as software, licensing, royalties or other expenditures.
"The new iPad is more expensive to produce than the iPad 2 at the time of product launch, even though the retail price points are the same. The 32GB LTE model's BOM is nearly 9 percent higher than an iPad 2 equipped with 32GB and 3G wireless, which carried a cost of approximately $335 at the time of product launch. Major factors driving up the BOM include the addition of the high-resolution Retina display, LTE wireless and a larger-capacity battery," said their report.
Notably, despite the companies legal battles with Apple, Samsung is still the largest supplier with a 30.2 percent share of the 32GB LTE iPad's bill of materials.
Take a look at the chart below for a breakdown....