Apple is likely to bring the cost of materials back up to where it was a year ago when it releases the next iPhone, according to an early estimate. While making a 16GB iPhone 3GS has dropped to about $156, the new model is expected by UBM TechInsights to go back up to between $169 to $175, or about as much as the previous phone did when new. The phone's biggest price hike would come from a higher resolution screen that could cost $25, or $9 more than it does now.