yeah, but i guess you could say that about pretty much any headphones. i highly doubt that even really high end things like HD800s cost a tenth of their retail price to produce. though i guess in cases like that you are paying for R&D and for the fairly limited production runs.
basically the reason they cost $1000 is because there are only 50 of them, its an exclusivity thing and folk with too much money will buy them to be seen..... like a Bugatti veyron for your head >_>
Except that from what I understand a Veyron actually costs more to produce than they sell them for...they're not made for profit, but to say "look at what we can make."
Though it's not really just the retail price, it's the massive amount of R&D that goes into the products, which can be quite expensive. Of course, there is zero R&D involved in coating a headphone's plastic casing with a chrome resin, all that's needed is experience, tools and know-how, so this would be more like somebody giving a veyron a chrome powder coat and selling it for $10,000,000. :P