Iphone 8 total cost to manufacture is approximately, parts and labor, $250
It is sold for about $600. Nice profit!
it's not the parts we are buying.. It's the complete product. Luckily the great filter hinders any smartphone to be smart - are we almost past it?
I have now thought about it fo a While and came to the conclusion. You are right. Excellent return of investments! Could it be the metal and the long software support cycles that makes it such a great buy?