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Fei-Hung said:

From my basic understanding of consoles, I believe the 5 most expensive components that make up the price are:

1) amd processors

2) RAM

3) cooling solution 

4) SSD

5) controller

The SSD, processor, and graphics processor are the biggest contributing factors. RAM has gotten to be pretty cheap. Cooling systems *can* be expensive but rarely are on consoles. As for the controller, its all just a bunch of plastic bits over a very simple board. Your average controller costs around if not less than $20 to produce.