Apple has managed to lower the cost of making the Verizon iPhone by a wide margin, iSuppli found in a new cost breakdown. While superficially similar, the CDMA version costs just $171.35 to build, or just $16.16 more than the AT&T model's $187.51. Many of the savings come from the new Qualcomm MDM6600, which includes its own GPS receiver and has saved Apple the cost of the separate Broadcom chip.