For the record, $5 is about the top for what I pay for similar batteries on Fleabay. Here's a bunch for $3.50 for my phone, in quantities of 3: https://www.ebay

For the record, $5 is about the top for what I pay for similar batteries on Fleabay. Here's a bunch for $3.50 for my phone, in quantities of 3: https://www.ebay.com/itm/202981911712 https://www.ebay.com/itm/202981911712 OEM will cost a little bit more to manufacture -- some of the Fleabay ones are a little bit sketchy -- but not a lot more. Tear-down sites give similar costs: https://imageio.forbes.com/blogs-images/chuckjones/files/2014/09/Apple-iPhone-5s-6-and-6-Plus-Teardown-cost-chart.jpg https://imageio.forbes.com/blogs-images/chuckjones/files/201... That's my experience from industry as well (not Apple), but that's NDAed. I think $5 is a fair estimate. I would be shocked if Apple paid more than $10 for the battery. Not surprised, but shocked. That points to a fair retail price in the $10-$30 range, depending on markup, distribution costs, etc.