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This is the actual cost of a smartphone, without subsidies of the targeted ads and walled gardens.

• seba_dos1 3y ago
  ...and without economies of scale, which is probably the biggest factor. There was a significant investment in R&D and software, but it doesn't really smear that much over the number of devices produced; and production costs skyrocketed after COVID-induced shortages which resulted in splitting production batches into smaller ones.