Lets see how many $1500 phones are sold.
I guess the next law suit to be filed against Apple will be for charging too much money for an unlocked phone.
I have to agree the price is outrageous, but remember that t-mobile spent millions getting the contract for the phone, so they've gotta make some of that back somehow if they do unlock.
Also nobody actually makes that much money on iPod touches, theres such a low mark-up on them, thats why they rarely go on sale. But i'd like to know what kind of markup is on phones. I'm also sure that the iPhones price is subsidized by apple and AT&T/O2/T-Mobile, so really the price is making up for the contract the phone companies signed, and the subsidies that i'm sure exist.
But with that being said, i still think it's only work 1K or maybe less.