According to IHS, the Samsung Galaxy S5 costs Samsung around $256 to make, this means that Samsung is making a healthy profit for each galaxy S5 smartphone it sells.
The contract free version of the Samsung Galaxy S5 retails for $660 in the US, the contract version of the device retails for $199 with a new two year contract.
The Galaxy S5 comes with some impressive specifications, the handset features a 5.1 inch full high definition display with a resolution of 1920 x 1080 pixels.
Other specifications on the Samsung Galaxy S5 include a quad core 2.5GHz Snapdragon 801 processor and 2GB of RAM, the device is also equipped with an Adreno 330 GPU.
The Samsung Galaxy S5 also features a choice of either 16GB or 32GB of built in storage, it features a microSD card slot for expansion, this offers support for up to 128GB microSD cards.
The handset is equipped with a 16 megapixel rear camera and a 2 megapixel front camera, plus a 2,800 mAh battery and Android 4.4 Kit Kat.