The so called popular iPhone costs a mere $245.83 to make for a 8 GB version and sells for $599 and $200 to make for the 4 GB version which sells for $280.83... talk about profit/ "iCash" Source: http://gizmodo.com/gadgets/cellphones/iphone-only-costs-250-to-make-rest-of-price-is-fanboy-tax-229664.php