The new iPhone’s low-price secrecy may be opened as market researcher iSuppli claiming that it costs just $173 to manufacture.

With a price tag of $199, Apple astonished everyone when it launched the new 3rd Gen iPhone earlier this month. Apple’s iPhone equivalent products from other companies cost much more. For instance, Touch Diamond from HTC has the price tag of US$785 while Nokia N96 smartphone will be available in US$ 855 as Nokia estimates.
All three handsets will be available in market soon.

According to iSuppli, there are two reasons behind the low price of this new iPhone. The first is that Apple will be subsidized by the mobile phone service provider around US$300 per unit and the other reason is the low cost of materials that is used in the handset. Read the rest of this entry