He says it's not trivial. You have the injection molded shell, the sheet metal cover, the spring, the stamped hub, the little pads, glue, the write-protect swit

He says it's not trivial. You have the injection molded shell, the sheet metal cover, the spring, the stamped hub, the little pads, glue, the write-protect switch, the plastic disc and the oxide layer that has to be formulated and applied correctly, for a niche product for machines that themselves are becoming obsolete. The earlier floppies were probably easier to make, because they just had folded commodity plastic shells, pads, glue and the disc with its oxide. No special hub or fancy case.