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iPhone 4 parts cost $188 says pre-hyped report

You've bought the accessories, now buy the write-up

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Having taken a brand new 16GB iPhone 4 to bits, market watcher iSuppli reckons all the component parts together cost fiddly-small-change less than $188 (£125).

Unsurprisingly, perhaps, the most expensive single item is the - rather nice, we have to say - $29 (£19) 3.5in, 960 x 480 display. Next comes the A4 processor, which iSuppli estimates costs $11 (£7).

iSuppli is at pains to point out - not that you wouldn't have guessed this anyway - that the parts price doesn't factor in the cost of putting the bits together, developing the software, boxing it all up and sending it to far flung corners of the globe, and taking out expensive ads to persuade us all to buy one.

The cynical among you will say that assembly costs next to nothing, Chinese workers' wages being what they are, but we couldn't possibly comment as we line up to start our next 40-day shift.

A special prize for the best lyrics for Lament of the iPhone Assembler, set to the tune The Volga Boat Song.

Meanwhile, iSuppli has taken a leaf out of Apple's box, and is advertising advance orders for its iPhone 4 write-up ahead of the document's publication on 30 June. Remember: just make sure you hold it the right way, or you may not be able to read it...

You can read a free teardown, courtesy of IFixit, here. ®

Build a business case: developing custom apps

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