Apple will likely have some wiggle room to cut prices on the iPhone, if a report from iSuppli proves correct.
The consulting firm just released an analysis of what the components will likely cost for the iPhone. The $499 phone, which comes with 4GB of memory, will likely have a component budget of $229.85. Assembly costs will raise the total manufacturing price to $245.83.
Meanwhile, the $599 iPhone, sporting 8GB of memory, will have a component budget of $264.85 hardware cost and a manufacturing cost of $280.83. The large margins make price cuts inevitable. "They … Read more