Iphone 5 costs 207$ (127Pound) to make and Ifools pay 529 pounds
Including the packaging materials and the drink, a can of Coke costs 6 US Cents (around 4 pence) to manufacture....what's the most you've paid for a can of Coke?
What's the least you've paid for a can of coke? 
While I am someone who views Apple with mainly disdain, the OP is ridiculous.
However, it does throw up a good point regarding one-make systems v competition.
Yes, Samsung charge a premium for their top-end handset, but they have gained a foothold in the market, and can. Also, I imagine the margin is not quite so high as the fruity gadget.
But there are some fantastic, competetive and powerful rivals that are not so expensive. And if we move into the tablet, laptop and desktop computer side then the difference is stark.
Windows based PCs, with all the competition do not include much profit. Macs do. Lots.
Same with laptops. My own was £1500 for a very well-made, very high spec machine from Asus. Would have been £1000 more for the same spec from Apple.
And of course the Google and Amazon tablets prove that there are well-made, powerful tablets to be had with real value.
But as someone said. It's a choice. And no choice in this regard is "wrong". Whatever mine or anyone elses views.
Show me any product that retails at cost
This basically means that you think your AV equipment sold at cost and the manufacturers are working for United Nations or some non profit organisation.
Samsung's price be lower but that doesnt necessarily mean their margins are lower. They didnt spend as much money as apple in R&D since they copied than being innovative making it cheaper to make samsung
Nexus 7 & Kindle Fire 
Does this mean we now need to have a sarcastic name for Samsung owners?
I would say that Apple products are one of the lesser culprits in the mark up arena, clothes and shoes are worse by far.
It is however somewhat relevant to something I saw yesterday on Gumtree which I find a bit odd, iPhone 5 32GB is available with 2-3 weeks shipping for £599 from Apple on-line store but some joker called John is asking £750 for a "brand new sealed unit dispatched as soon as payment is received".
Is it just me??? 
So, you have discovered that Apple is a business, not a charity, eh. Well so long as it produces products which are functionally superior (never mind also aesthetically superior) it will get my custom. Sure, I would like it to be cheaper. I would also like beer, malt whisky, Moulton bicycles and concert tickets to be cheaper, but.....
So hows the company making its money then? Im using an iPhone and Im happy. Is the price fair? If I have to ask that question it must be abt everything that I buy. Are people buying iphone at the current price? Yes they are. Are Iphone users feeling ripped off? I dont think so
I guess he's counting on there being someone not willing to wait 2-3 weeks to get their hands on a shiny new iPhone, and thus willing to pay a premium to have one sooner.
Perhaps the next issue could have section entitled "Economics 101"?
I guess he's counting on there being someone not willing to wait 2-3 weeks to get their hands on a shiny new iPhone, and thus willing to pay a premium to have one sooner.
Thats what I assumed also but cannot understand why anyone would want to take that risk for something that isn't exactly ground breaking nor unobtainable in a reasonable timescale. Add to that the chance that John may not actually have anything at all and just be a rip off merchant. If indeed someone takes John up on his kind offer it does sort of support the OP's opinion that some folk have more money than sense
Nexus 7 & Kindle Fire 
And famously the PS3.
This is no triumph of the non-foolish consumer tho, it's still economics just with a bit more at play than the headline price.





Including the packaging materials and the drink, a can of Coke costs 6 US Cents (around 4 pence) to manufacture....what's the most you've paid for a can of Coke?
Samsung UE55F6510 LED TV, Pioneer SC-LX82, Panasonic DMP-BDT310, Monitor Audio RS5 fronts, GSLCR centre. RXFX rears, Sky HD 1TB, Chord + QED cabling throughout,Xbox 360,Iomega NAS,Apple Ipad 3,Samsung Galaxy S4, Ipod Touch 4th Gen, Samsung Galaxy Tab 2.