So a contract-free iPhone 6 [1] costs at least $649 (that's for the version with the least storage), while the 6 Plus costs between $749 and $949. Now, what if we told you that it only costs Apple $200 [2] in materials and manufacturing to make the device. That's right, the company makes $449 from each sale of an unlocked device.

According to the research firm IHS, assembly labor costs a mind-boggling $4 to $4.50 for each device and the most expensive component is the $45 display on the iPhone 6, or $52.50 for the 6 Plus. Apple definitely pockets a little extra cash for those who pick the 6 Plus with a larger display, which is $100 more than the iPhone 6.

All of this means that the carrier price offered to people with a new two-year contract ($199 for the iPhone 6 and $299 for the 6 Plus) is fairly close to the cost of iPhone materials and manufacturing. The downside is that you're shackled to AT&T, Verizon, or Sprint for 24 long months.

So, is the new iPhone worth it? Decide for yourself [3]. With new iPhones getting bent out of shape [4], Apple may want to take its devices back to the drawing board.