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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+.




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




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