The best way to find out is to look at the iSuppli teardowns. iPhone 3GS 16GB teardown: http://www.isuppli.com/News/Pages/iPhone-3G-S-Carries-178-96-BOM-and-Ma

The best way to find out is to look at the iSuppli teardowns. iPhone 3GS 16GB teardown: http://www.isuppli.com/News/Pages/iPhone-3G-S-Carries-178-96-BOM-and-Manufacturing-Cost-iSuppli-Teardown-Reveals.aspx http://www.isuppli.com/News/Pages/iPhone-3G-S-Carries-178-96... I'm having trouble finding a teardown with cost analysis of the iPod touch, but it seems like even with a 50% margin like Apple likes, it's not in the raw materials.