Why does the iPhone 5 cost so much to repair?

iPhone 5 Repair Cost

Take your iPhone 5 to Apple with a broken display and the company will charge as much as $229 to swap it out. As MarketWatch notes, that’s a pretty steep price to fix a phone that starts at $199 on contract. This is pretty bad news for iPhone owners; according to third-party gadget insurer SquareTrade, almost one out of every three iPhone owners damaged their phones last year. Why is it so expensive to fix iPhones? The simplest explanation is often the correct one: iPhone 5 parts are much more expensive than typical smartphone parts. Apple’s restrictions on components are making parts so expensive, in fact, that some popular repair companies are refusing to service the iPhone 5. In the end, AppleCare is unfortunately still the best way to save money on iPhone 5 repairs.

Source:
MarketWatch
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