Ipod Nano costs $90 to produce?

The Inq. has an interesting article that reports the findings of the firm iSuppli and their analysis of the Ipod Nano. Out of their report comes the findings that the parts used in the Ipod Nano total about $90, with the NAND flash memory making up about 60% of the price. The Ipod Nano is Apple’s newest product and utilizes flash based memory to create a small, yet powerful MP3 device.