According to an article on PCWorld.com, the new 3G iPhone (available for purchase July 11 can't wait!) only costs $173 to make. With the price tag at $199, that means Apple is only making a profit of about $26 per phone. I can't even fill up my gas tank with $26. But hey, who am I to nitpick? After breaking my own iPhone, it's only going to cost me half what I originally paid to replace it. Yes!