Very little of the cost of an iPhone is to make up for lost advertising revenue. If you spread all the revenue of Facebook & Google over every android device i

Very little of the cost of an iPhone is to make up for lost advertising revenue. If you spread all the revenue of Facebook & Google over every android device it still wouldn’t come close to the difference in price. Apple could make much cheaper devices, but they’d just end up cannibalising the sales of their high end phones.