I am no hater nor am I a Apple fanboi.
Trying to be neutral is what I do. I might have the chance to get an iPhone4 for a lot less then its original price.
If I get this chance I will use it
As most here I am aware of the fact that material price is not all. Further I know that there are at least 1 million iPhones4 sold already or at least pre-ordered. If anyone has accurate numbers, they are welcome
Here is a, maybe still naive calculation:
$1000-$200 = $800 is what they get per iPhone ($1000 was the price of their last, this might be more expensive).
1 million units sold: $800000000.
Let's say Apple pays, not what he gets, is $200000 a year. Then they can employ 4000 engineers (electronic-, software-, mechanical-, all-kinds-of-engineers and scientist). I think that is possible. Don't forget, they didn't "invent" the whole phone. they upgraded the existing ones. Like if OPT would do a Panda2. It would be faster and more easier then Panda1 where they had to learn stuff.
Oh back to apple, the marketing cost would be paid by the nd million phones.