Why could the iPhone 18 become the most expensive in history?

The global smartphone market is heading towards a “perfect storm” in 2026, and Apple’s next launch will be no exception. According to the latest report from the specialized consulting firm TrendForcethe cost of manufacturing (BOM) of the future iPhone 18 Pro will suffer an unprecedented increase in 38% year-on-year. This jump, driven mainly by the shortage of critical components generated by the popularity of AI, promises to redefine industry prices and put manufacturers’ profit margins in check.

The culprit: AI’s voracity for RAM

Historically, the most expensive components of an iPhone were the OLED display and the processor. However, the TrendForce report reveals a systemic paradigm shift: RAM memory has gone from representing just 10% of the cost total a year ago to an estimate of 34% by the end of 2026planning to surpass the 40% in the first half of 2027.

This phenomenon is due to fierce competition for supplies. The explosion of the artificial intelligence (AI) It has caused a huge deviation in the production chain. Chipmakers are prioritizing high-bandwidth memory (HBM) for AI servers, leaving smartphones with a limited supply of LPDDR5X chips. Added to this is that giants like Nvidia They now compete directly with Apple for the same mobile-class memory for their Grace and Vera server processors, which has driven prices up.