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Message: <blockquote data-quote="Baseline" data-source="post: 1188650" data-attributes="member: 14307"><p>I recently saw a lecture, may have been a "TED talks" type where the chap had just returned from China and visiting the factory where Apple iPhones are made. He held up an Apple iPhone 14 and asked the audience what they thought the cost of manufacturing the phone was. That is the exit price at the factory gate. Guesses ranged from $50 to a hundred and something Dollars. Then he revealed that the actual cost price is just $10... and look at the retail price. Price has long ago been decoupled from actual value and the traditional framework of a reasonable profit over cost price and is now about how much can be extorted from the consumer to fund massive worldwide marketing campaigns and sponsorship deals to promote the product. So... please do not talk of value.</p></blockquote><p></p>