Apple's iPhone X will Return an Estimated 64% Gross Margin

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Here, the iPhone X's bendability test passed with flying colors thanks to its stainless steel frame.

SquareTrade posted a video that showed the iPhone X dropped from different angles at a height of 6 feet; the phone fared poorly in each test. Combined with the rapid sell out of pre-sale inventory and a return to long lines outside Apple Stores for the iPhone X launch on Friday, AAPL stock hit new record highs on Friday morning.

That design leaves more room for the two battery cells that give the iPhone X a small edge on the iPhone 8 Plus despite coming in a much smaller footprint.

"SquareTrade apparently conducted the test because it questions Apple's claim that it has "the most durable glass ever in a smartphone" and asks if "$549 for most repairs" is "worth the risk?"

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In its full teardown of the iPhone X, iFixit found the device to be drastically reconfigured inside to maximize performance in the smallest space possible. SquareTrade has been putting the latest phones through their paces over the past couple years. Internal brackets, spot welds and foam hold the front-facing cameras firmly in place so they can pull off delicate features like Portrait Mode, and the rear-facing Face ID camera technology comes out of the display when it's separated, making the OLED display replaceable without fiddling with the cameras embedded within it. A second drop test is done on the front side of the phone extracted much more heavy damage to the handset. For the water dunk test, in which the phone was placed somewhat deep under water for 30 minutes, the phone was somewhat unaffected aside from a little audio muffling. A cracked iPhone X screen will set you back $279.

The extended warranty service provider deems the iPhone X an overall "high risk" in breakability, awarding it 90 points on a scale where 100 is the worst possible score. The YouTuber puts each major smartphone release to the same scratch, burn and bend test as a means of controlling the results.

The fact that the new iPhone can take damage so easily is not a good sign when it is priced at a thousand dollars and up. Do you buy accidental damage insurance on your smartphones?

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