Yes. A lot.

> Making iPhone copies will probably be prohibitively expensive, otherwise China will already make those in numbers.

According to iPhone 7 teardown [0] there's 3x difference in components price and retail price - $220 vs $649.

Do you think that everyone in the China and the world missed the opportunity to eat into that kind of margin?

[0] - https://9to5mac.com/2016/09/20/649-iphone-7-estimated-to-cos...