Originally Posted by Charge
Have you missed all the news stories? The chip used inside the adapter to route the signals to the correct pins is rather complex. Apple is just now preparing to even approve 3rd party construction for licensed devices. No one has seen any of the data on how the chip exactly works.
Basically, due to the complexity of the chip, no one thinks it's gonna be easy to reverse-engineer. And even if it were, the cost of production of that component is expected to be so high that they don't think Apple's profit margin is inflated on that piece hardly at all. In other words, they think it really does cost almost that much to make. So...not a lot of reason for 3rd party companies to work on knock-offs if there isn't a lot of profit to be made.
I kinda doubt that, the processor for the iphone 5 supposedly only costs $17.50.