Quote:
Originally Posted by tubemonkey
It sells for that price because Apple gouges its customers.
iSuppli has the BOM + Mfg for the 16GB iPhone 4S at $196. Sell the 16GB for $249 and the 32GB for $299; and Apple still makes a tidy profit.
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First off, all manufacturers gouge. Second, it doesn't matter what it costs Apple to create it, they will sell it for $500 or more. Third, none of that has any bearing on eBay prices as those are determined by what the market will support. Since iPhones retain a high value in the market, you won't get a working one with no serious flaws for anywhere near the price of a touch.