OMG Larry - if only it were that easy. Theres the BOM, then Landed Cost, then Inbound Shipping, Outbound Shipping, and Wholesale Cost... Then of course Overhead, Warehousing, Development (fun fact - these were ready to go months ago, then Apple added a little mic to the back
do over). What I can say is, we try very hard to ensure we deliver $69.99 of value to our customers who purchase this cover. We're def. not the cheapest, but we try to make the best stuff we can. Good question though. Hope this insight helps.