According to a recent report by IHS iSuppli, the iPad Air costs Apple just $274 to make, this is the cost of the entry level 16GB WiFi iPad Air which retails for $499.
The top end model iPad is the 128GB version with WiFi and cellular, this model apparently costs Apple $361 to build, and it retails for $929.
Apple is obviously making a healthy profit on its new iPad Air, the device is selling considerably better than the iPad 4, when it launched back in 2012.
The iPad Air comes with Apple’s iOS 7 and features a 9.7 inch Retina display with a resolution of 2048 x 1536 pixels, the tablet is powered by Apple’s latest mobile processor.
The processor in the latest iPad is a 64-bit Apple A7 processor, the device also features Apple’s new M7 motion processor, and it comes with a choice of 16GB, 32GB or 64GB of built in storage.
Other specifications on the new iPad Air include a 5 megapixel iSight camera on the back of the tablet and a front facing Apple FaceTime HD 1.2 megapixel camera.
Source All Things D
Image Credit: ReutersFiled Under: Apple, Apple iPad, Top News