demand broke in too much so it got continued even though the limited batch was already over.
R&D cost of what? ubuntu? the phone? are they even developing hardware?
google nexus's R&D is through android development, most R&D of other manufacturers were on ARM cortex research and design.
not to mention most of the manufacturers are developing their own set of features and perks, Sony = bravia engine and water-proofing, samsung = exynos, LG = low-cost screens.
i dont see anything they'd even be pouring R&D on, other than developing the phone's design and structure, which isn't even worth 50%~70% of premium.
thats why i've been saying it isn't worth much at it's target premium.
one last time, my hypotesis of why they're charging such a premium is to jumpstart their own fabrication line.
e.g. they're trying to build their own factory from scratch without investing their own pocket money.
then the $32M makes sense, no?