Toshiba sold a retail version of the original iPod HD, not wholesale, for $399 when the iPod debuted.Originally posted by bobindashadows
If I remember correctly, the bulk price for the drive of the original iPod was the same as the iPod itself, meaning Apple got some good deals.. (God knows they weren't selling them at a loss)
And this $70 figure is for orders of 100,000, so we're talking cost to manufacturers, not retail. Of course, it's possible that Apple gets a better deal for whatever reasons.