“Could you please find out what it actually costs to manufacture the iPhone 6, compared to what we end up shelling out for it? So the question ultimately is how much profit are they making?”
Leave it to the latimes to get it completely wrong. “Profit” isn’t only the margin over the raw manufacturing cost. You gotta pay those tens of thousands on the payroll something.
Not to mention the apparently “free” manufacturing equipment for all the components.