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Can somebody help understand the pricing of domains?

Reading the threads, I came across various prices. In case of .com, I saw ICANN fees of $0.18, Verisign fees of $7.85, and then there are registrar fees, eg. Godaddy $18.17.

Is Godaddy paying Verisign or only ICANN? The reason I'm confused is that the threads mention domain brokers hoard domains because they are so cheap ($0.18?). On the other hand, I understand Verisign is operating .com, so they would always get their fees as well?



All domains go through the registry; for .com that's Verisign. So you can't get a .com domain cheaper than ~$8. Nobody is hoarding domains for cents, although domain tasting was a hot thing for a while.




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