Thanks to Apple's economies of scale, advanced manufacturing, smart engineering and the latest technological solutions, Apple's fifth-generation full-size iPad, the iPad Air, is actually cheaper to produce than the third-generation model - despite packing in the latest technology, research firm IHS Suppli has discovered in a new teardown analysis.
Total cost of components that go into the latest iPad is between $274 and $361, depending on the model, which is still $42 cheaper than the entry-level iPad with Retina display. The priciest iPad Air component by and large is its Retina display and the touchscreen assembly.
Both components incorporate a number of improvements such as fewer, more advanced LED lights providing the backlighting to the display and a new type of sensor known as a cycle-olefin polymer (COP) sensor located right underneath the outer layer of Gorilla Glass. More tidbits right bellow...