If you want to know how much it actually costs to make that shiny new Piano Black (what even is Piano Black?) iPhone 7 sitting smugly in your pocket, then we finally have the answer.
According to the clever analysts at IHS Markit, it costs $224.80 (about £170), to build a 32gb iPhone 7, with a retail cost of £799, which is tidy little profit margin for the big dogs over in Apple HQ.
While the shape of the new iPhone is very similar to its predecessor (which cost $200.10 to make), an improved camera and screen, as well as an increased base storage capacity of 32gb instead of the 16gb you could buy in the past.
They've got to keep making those billions somehow, we suppose.