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AM Radio on MP3 Players?

I'm posting this in the Business group because it's more of a financial question I have as opposed to equipment.

I've got several MP3 players that come with FM players. However, most of the time I listen to AM radio. I have yet to find a nice small MP3 player that comes with an AM tuner.

I've seen some like a C. Crane model. Its price tag is up there, nowhere near as low as the many FM ones.

Any idea why this is? Is it cost of materials? Too small a market, not enough people wanting to hear AM on portable MP3 players?

Also, have you seen any of these for maybe $50 to $100 at most instead of $225 like I've seen some? I'm not about being cheap, it's just the difference between AM and FM on MP3 players is astounding.

Thanks!
 
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