Yeah, going head to head against Apple’s iPhone 3G isn’t easy and cheap. According to market research firm iSuppli, the RIM’s BlackBerry Storm parts pricier than iPhone’s.

Components used to build new Research In Motion smartphone cost about $203, according to iSuppli. Verizon Wireless, the exclusive carrier of the Storm, sells the device for $199 after rebates and with a two-year service contract. Meanwhile, the total cost of components in Apple’s 8-gigabyte iPhone 3G, which was introduced last summer, is $174. AT&T, the iPhone’s exclusive carrier, sells the 8GB device for $199 with a two-year service contract.

[via CNET]