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Apple IPhone 4 Parts Cost About $188

Business Week: "Apple's iPhone 4 wireless handset includes components that cost as little as $187.51, according to market research firm iSuppli.

Materials and parts for Apple's (AAPL) iPhone, which went on sale on June 24, include a 3.5-inch LCD screen that Apple calls a "retina display." As the smartphone's most expensive component, it costs $28.50 and may have been made by LG Display (034220:KS), iSuppli says. The iPhone 4 sells for $199 and $299."

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