How come the repair cost of a MacBook Pro cost more than a brand new unit?

My nephew bought her Mac Book Pro last June 2012. During the time that floods hit metro manila where she is studying, her Mac Book Pro (13in) happend to have been damped wet by water. Still running but it seems the batter got problem.  So she brought her unit to SM North Edsa ( Annex) Mac Center for possible repair.  The Mac Center told my nephew that the unit will be brought somewhere  in Mandaluyong - Apple Service Center.   After a few days she received a message from the Mac Center telling her that the repair cost will be a whooping P88,000.00  almost twice the cost of her unit when she bought it. My sister ( my nephew's mother) was fuming asking me how come the cost of repair is so great, it is better to buy a new one.
Is this really true?  I wonder what others may have experienced bringing their unit for repair and finding out that the cost of repair is such... APPLE IS THIS HOW YOU TREAT YOUR CUSTOMERS...  IS THIS THE KIND OF AFTER SALES SERVICE THAT WE EXPECT FROM YOU... PLEASE explain it to me.. thanks

And mind you dear APPLE believers, this also happens to my BOSS' Mac Book Air, which was brought also to an Apple Center for repair due to White Screen of Death... The repair center told my boss that the repair would cost him P68,000 pesos... the new Mac Book Air is only P47,990.00.   Who in his right mind agree to such a repair cost which costs more than a brand new unit...  If this is so... then APPLE is not a good brand after all...  Anyone who had the same story?
BTW  i tried to revive the unit by following some repair tips from the internet... and I was able to revive it without spending a dime.... I am not a technician... just wondering what kind of SKILLS those technicians at the Apple Repair Centers have in the Philippines...

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