Did you know that Apple just needs $22 to make a piece of their latest Apple iPod shuffle?

The Samsung main chip and flash memory cost $5.98 and $10 respectively, while the rechargeable battery for the device costs $1.20. Couple those parts with the proprietary earphone controller, a sleek casing with an Apple logo, some labor costs… and behold! The total reportedly comes out to just $22. Can you believe it? The markup is an eye-popping 359%.

Not to crap on the people who are whining about the price markup. But that’s how that’s how you do business!

So… Is this going to stop you from getting that super tiny and sweet lookin’ iPod shuffle? Would you rather get one of those cheap MP3 player knock-offs?

[via Geeks are Sexy and Techgeer.com]