Apple products are always priced much higher than cost of the device itself and the reason Apple could get this low price is because their parts are bought at volume and they want to have a very high profit. Here is a preliminary bill for the iPhone 5 and it is noted that these prices are only estimates. The estimates show that the iPhone 5 only cost $167.50 to build and compared to previous gen iPhones the iPhone 5 still costs more to build. The iPhone 5 is now available for pre-order in the Apple Store click here to pre order yours.
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