Damm you need to do a bit more research on how businesses make money.
They don't make money selling a device for $280 that cost $220 to make.
When people do the teardown, they estimate on how much are the parts cost.
There's a whole lot more to a product than just component cost.
Sadly, Apple seems to have convinced many people that a 200-300% profit margin is normal. :/ 10-15% mark up used to be normal, above that used to be considered extreme.
Obviously, there are R&D costs and advertising costs. In LG's case, the R&D costs are spread over many products. The same display tech in this GPad is also the same place they make all their phones, televisions, and yes, the iPhone and iPad screens.
And seeing how LG probably isn't going to drop half a billion dollars in advertising like Samsung and Apple do, a 60-80 dollar profit on each G-Pad is plenty. Especially if you consider that they can't sell it above 300.
The only reason Google is able to sell their product cheap is they make money elsewhere.
I know its hard to follow every thread and article, but Google does not lose money on their Nexus line. Ok, they may lose a little on the entry level storage SKUs for the N4/7/10.
Know what the difference in production costs is between an 8GB N4 and a 16GB N4? About a dime, yet the price is 50 dollars more. Difference between the 8GB N7 2012 and the 32GB N7 2012, also measured in pennies. Yet, MSRP is double. Storage is cheap, and doubling it then charging the customer 50 dollars more for a few pennies more in production costs is an easy way to make money. Especially if you strike the SD slot from the spec sheet to 'save money', the customers have no choice but to buy the more expensive, profit rich model if they actually want to use the device effectively. Ooh, and they also might be more inclined to sign up and pay for cloud storage solutions. More profit. So, sorry to rain on that 'Google makes no monies on the Nexus line' parade again. Just one of those myths that refused to die, like fragmentation or Android has poor battery life.
But, back on topic. Anyone planning on buying a GPad?
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