I almost fell off my chair laughing when the new reported that the cost of making an Iphone was over $500. It has been known for a generation that the actual cost of materials and labor to make an iphone is pennies... like about $70 dollars. The black market is full of illegal iphone "clones" that are exactly iphones and without the hype and inflation, they cost between 70-90 bucks.
The cost of Apple products is almost completely unrelated to Apples prices. It has always been that that. And it is the way it still is.
https://www.wsj.com/video/series/joanna-stern-personal-technology/why-we-dont-have-a-made-in-america-iphone/4C4DD4B4-2EED-4E0A-A847-24CF7A76A263?mod=WSJvidctr_editorpicks_pos0
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If you don't buy it, it won't sell.
I have never bought it, yet it sells.
AFAIK, the cost of an iphone was well over 70$ 5 generations ago. The oled screen is more than that wholesale in bulk, without the extra apple chips.
If these clowns wanted manufacturing in the US they would have supported Build Back Better. They don't care about American manufacturing.
Last I heard the labor cost was like 10$ or something. It's idiocy.