iPhone XS Max: How much profit does Apple really make on each one sold?

iPhone XS Max: How much profit does Apple really make on each one sold?
An iPhone XS Max with 256GB of storage is yours for $1,249. But how much does it cost Apple to build? That's a tough question to answer, and that that only Apple really knows the answer to. But don't worry, because Apple is likely making a good $500 profit from it no matter how you cut it!