[Bnshsysjab]

I daresay an iPhone, after R&D costs to Apple and third parties, probably costs less than $100 in materials.

[Kirby64]

You'd be very wrong. Component cost (not including any assembly cost) for any modern flagship smart phone is well north of $100. North of $300 on most phones.

Take a look at the cost estimates that most folks do on smartphones (Ex. https://www.techinsights.com/blog/samsung-galaxy-s10-teardow...). Apple isn't undercutting other companies by $300+.

[Bnshsysjab]

Do you think third party vendors don’t charge for R&D?