IHS iSuppli has torn down Apple’s latest tablet, the iPad Mini and has found that parts in it cost at least $188 to build and put together. That means for the base model of the iPad Mini, Apple is raking in around $141 in profit, which means Apple is making a tidy sum off of the sale of each tablet. In contrast, Google’s Nexus 7 cost $184 to build, which the company then sells for $199 – which means that the search giant is almost selling the device at cost to try and entice more people to buy content off of the Google Play store. The teardown also revealed a couple of interesting tidbits about the iPad Mini: the display of the device is made by LG, and even though Apple is currently embroiled in a bitter legal battle with Samsung, the Korean company is still the chief supplier of the chips that go into an iPad Mini.
Source: AllThingsD