I caluculated 250 because it it quite obvious they are making them for nothing in china and even charging 250 are making well over 100% profit.
There are prices and wages being thrown around. I just wondered if people had actually investigated production costs, development etc.
I work desigining machines and deal with Chinese companies on a daily basis. One of our machines was copied in China by another company, not a manufacturing company, more like an agent. The machine they produced was illegal, uncertified parts, and the wiring was too thin to pass actual legal standards. We had a patent and threatened legal action, they agreed to sell one batch and stop importing/making them. Months of development went into that machines. Artwork, testing, external design work, development costs thousands, this is spread over the cost of the machines. You have to calculate the expected lifespan of the machine, and the units expected to be sold. In the case of electronics things go obsolete very quickly, so a large cost of the machine will be the development, it can be far more than the components used.
Now the factory we do deal with one day just sent us a machine (different from the one I already mentioned). This used 5 components we used, combinations of metal and plastic. Thing is we paid for tooling for these components, at huge cost, the company got use of these basically for free, they had the tools in their factory, while we owned the intellectual rights.
There is very little you can do, all we asked was that they do not sell the machine in europe, it has not appeared yet. Another Indian company again copied a plastic/metal component, we had paid design costs, moudling, tooling etc. All they pay is raw material.
Many are just blind to the real costs involved with products. How can software companies charge €10,000 for a dvd that cost 50cent to make.
Some clones could well be the real thing, off the same assembly line, just like the chinese company is making replicas of ours. DMM could have paid all the tooling costs, paid for the assembly line, paid for workers training, went out to audit and iron out problems, supplied test equipment and implemented manufacturing and test procedures,robotics, organised supply chains, designed boxing, packaging. This all costs a fortune, I have done it myself. Then the company can say they can only output 500 per week, and just have workers work late and bang out copies using all the equipment already supplied to them.
They could well go and buy substandard components to use in these fakes, but use DMMs test equipment. That is how a clone can be picked up so cheap.
If you really think they have a monopoly and do not deserve to make 100% more than the component cost, them why not have a go setting up your own company making them.
Again, I think they are quite inexpensive for what they are. Compare like with like.