The £4299 is a UK anomaly for the R5 - it is hugely overpriced here. It's much cheaper in the US and EU, and you can get it on the grey market for close to £3000. Other models, like the R6, don't have that huge price difference.That's exactly what i meant. The actual hardware cost difference between R7 and R5 is nowhere near that big. A full frame sensor alone does not cost $500 more. And as you said, things like software (firmware), Digic X and many things are developed once and shared between the 2 cameras.
Now of course the more expensive a camera is, the smaller volume it will sell, so needs some extra cost added to compensate. But in the UK the R5 costs 3.2 times as much as the R7. £4299 vs £1349.
I bet there is a huge full frame premium tax on the R5.
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