But given economy of scale, they (per person) will pay more for it than the amount they would have paid if everybody bought that hardware in their phone.
And economy of scale does work. I do not think Apple can seriously undercut Samsung because they managed to leave out a HDMI chip.
I think Apple's reason for this connector is more one of aesthetics: why have X > 1 chips that can communicate with the outside world and, typically, X connectors? Full wireless is not yet an option, so they need one. Then, they need some way to figure out what is on the other end of the line.
Why they didn't pick USB3, I don't know. Not proprietary enough? Connectors too bulky? Low power spec not (yet) available? Not flexible enough? Supports too many devices? (If you put an USB connector in, people will expect that it works with their hard disk, photo camera, keyboard, mouse, etc)