Apple Explores Making iPhones in the US, Finds 'the Cost Will More Than Double': Nikkei (nikkei.com)
Apple is exploring the idea of making iPhones in the United States. But the company has realized that it will cost more than double to make the shiny new gadgets at home, according to a report on Japan-based outlet Nikkei. From the report:Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the U.S., sources told the Nikkei Asian Review. "Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.," a source said. "Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns." Foxconn, based in the gritty, industrial Tucheng district in suburban Taipei, and its smaller Taiwanese rival churn out more than 200 million iPhones annually from their massive Chinese campuses. Another source said that while Foxconn had been working on the request from Apple Inc., its biggest customer that accounts for more than 50% of its sales, Chairman Terry Gou had been less enthusiastic due to an inevitable rise in production costs. "Making iPhones in the U.S. means the cost will more than double," the source said.
Crank up the marketing and the fan-boys will still buy 'em.
So they would make $300+ per iphone rather than $500+ per iphone. It's still over a 100% markup, so I fail to see much of a problem.
The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50
If the cost to make them will "more than double" does that mean they will double the price passed on to us? In other words, will they double their profits as well? Or are they screaming and crying how they won't be able to make them "cost effectively" in the mean-old-USA.
In other, other words, how much profit in built into an iPhone anyway?
So rise up, all ye lost ones, as one, we'll claw the clouds.
If making phones "at home" means America, why aren't they paying their taxes here?
I tried to add a tip to my order on apple's web site, but I couldn't! Very disappointing. ðY"
Since they charge more than quadruple what it costs to make it this shouldn't be a problem.
BeauHD. Worst editor since kdawson.
Don't worry, I'm sure mein Fuhrer Trump will force Apple to come back to the US and make those phones in 'Murica, right? If not, then Tim Cook will go to prison and Steve Jobs corpse will be exhumed and ritually desecrated, as specified in the new Alt-Constitution.
Just cruising through this digital world at 33 1/3 rpm...
"Apple iPhone 6s Plus costs $236 to make, sells for $749" [https://www.google.ca/search?q=iphone+margin+per+unit&oq=iphone+margin+per+unit&aqs=chrome..69i57.4607j0j7&sourceid=chrome&ie=UTF-8]
So, it will cost $500 to make and they still can have a margin of $250. The profts will shrink by 50%. I think I can live with that.
Apple is in the great position of having so much money, they could spend quite a lot making this happen - but only making some phones in the U.S...
Then they could give purchases an option - pay extra for an iPhone made in the U.S.? Apple could even be generous and split the difference with the consumer.
The people would really have a chance to put their money where their mouth is so to speak...
The thing is I have really mixed feelings about buying such a device. I would definitely love to support a return of manufacturing to America, but the other side of it is - do I really want to take away income from China? There are so many people so dependent on the factories there, and they have much less than Americans did to fall back on when manufacturing declined here.
In the end I buy enough Apple accessories that I guess they would still be getting something, so I'd probably opt to pay extra for a U.S. iPhone. But I just wanted to point out that such a thing is a grayer area than it would first appear.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Apple looks into making the phones in the US and their answer is to ask the Chinese company they're currently using, who has no interest in making them in the US, how well that would work? And surprise surprise, they came back with, "sorry, costs too much, you should keep making them here where we already have our facilities." I'm shocked, SHOCKED!
How about investigate US-based companies? How about an investment group who might be able to put together a group who could find a way to do it more cheaply here?
It may cost double to make the phones in the US, but we'll just make the Chinese government buy the phones for us.
"That's the way to do it" - Punch
According to this article. The $649 iPhone 7 costs around $220 to make meaning that Apple gets roughly around $400 in profit. Lets imagine that the cost does double, they will still be getting ~$200 per phone. A very healthy profit with a lot of that money staying in the US rather than China or Ireland.
Also, the cost doubling calculation (done by Foxcon!) probably assumes that they would do things exactly the same in the US as they do in China. That is, hiring thousands of people for minimal pay to to a large part of the assembly by hand. However, if moved to the US they would probably automate more of the process and employ much less people. Think of the savings on suicide netting alone.
How about Mexico?
I was a manufacturing engineering in electronics.
I had to bring my daughter's iphone to store to get the screen replaced.
I watched the tech disassemble then reassemble the iphone.
I was SHOCKED at the amount of hand labor required to assemble.
A good 10 minutes and this guy was flying. (and no ESD mats).
Now I'm not saying Apple doesn't know how to design for manufacturability.
I'm saying they must have traded size design constraints against labor to assemble.
Nevertheless it is a labor intensive device to assemble. With plenty of opportunities to make mistakes.
It'll be like Fords employees buying his cars.
Apple's phone profit margin is about 40%.. So, they cannot absorb a doubling of the production cost without selling the phones at a loss.
This mean costs to consumers will go up. (They may go up even if Apple could in theory absorb the cost). This is why protectionism hurts: you bring back a few hundred factory jobs, but in exchange tens of millions of people are in effect poorer because they now have to pay more for their iPhones, meaning they have less to spend on other things, decreasing their effective wealth. The net social cost of doing this is drastically higher than the benefit of having the few factory jobs, because it impacts so many more people.
With all their design skills they haven't made a 90% or higher an automated assembly process yet? I wonder if they could send it as a kit you assemble... ;-)
I have a feeling the first manufacturing they ever bring back will be an automated factory. I could jest but it would be understandable if it's a satellite facilitating managed mostly remote from their existing facilities whenever that time comes...
"Don't fear death... fear not living..." -me
If they switch to total automation, the investment cost will be high but ultimately the cost will decline to there mere cost of maintenance. Having people in the US doing the machine maintenance will still result in more money in the US economy.
Anons need not reply. Questions end with a question mark.
I wouldn't buy an iPhone if you paid me. If apple builds them in the US I might pay double just because I'm actually helping my own economy.
I've read that the labor costs involved in building an iPhone are roughly betweeen $12.50 and $30 per unit. (http://nextshark.com/real-cost-of-iphone/) I suspect Apple can afford to absorb that extra expense or pass it on to the consumer without a huge loss in sales if those figures are accurate.
Half the profits.
Adding another $300 wouldn't phase me.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
So what. Doubling the assembly costs would mean little to the final selling price.
iPhone 6 Bill of Materials.
http://www.techinsights.com/teardown.com/apple-iphone-6/
It's environmental. Apple can't just dump poison into ground water in the States.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
You should be very worried about what China would do to the entire earth if they become unsettled... after all maybe if they can't work in a factory, they can work in the military...
But apart from that we should simply worry for humanitarian reasons.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
How about Canada, eh?
My personal experience is that this is the wrong number.
My result from previous work with technologies moved from US to China, yes at much lower volume so different economy of scale, and likely a different type of product, not a computer, is that the ratio of costs is below 1/7th. The cost to move backwards would be 7x.
If Foxconn is saying 2x, then I would suspect that they take a factor of 3.5 of the true base cost and retain that much value when they pass the product to Apple.
Ah, NO.
The "costs" won't double.
BOM changes very little, with a small shipping and storage cost added in.
What really happens is the "post-tax profits" will be cut by 40%.
Not the same thing.
Once you take into account the tax-shipping shenanigans Apple uses, they don't want to build anything here as it becomes much harder to book those profits off-shore (and un-taxed.)
They should manufacture phones in the USA and China, price them accordingly and sell them with a big American flag on the USA phones. I'm sure everyone in the red states will snap up the higher priced American phones and then manufacturing jobs will all roll back to the USA.
The additional costs would also include the new plant. I believe the Chinese government built their factories for them as an incentive to get them in China in the first place.
Clearly....if you need slaves, don't do it in your jurisdiction, otherwise Human Rights activists (using iPhones) will bug you. Like for tortures....use Guantanamo...it is unconstitutional to torture people in the US jurisdiction.
So long as you properly support the ones we have, but that wouldn't fit the "disposable" business model of selling the used ones on the black market to third world countries to avoid taxes. And don't get me started on privacy, because there's no point to carrying a portable personal computer around if you don't own the data on it.
Why do posts have to come with
Disclaimer: I didn't vote for Trump?
Because in these "politically correct" "entitled to a safe zone on demand" times anything hinting of Trump support is "hard evidence" that a person is a racist and a misogynist. There is no possibility that a person might think a Trump proposal might actually have merit or at least be the least worse or two bad proposals.
Disclaimer: I voted, but not for Trump nor Hillary.
The first line of the article reads "iPhones might one day soon carry "Made in America" labels."
If Apple's intent was to find out what it would cost to get an official "Made in the USA" certification, then the change in COGS would not be just a minor increase in price due to only labor costs.
"For a product to be called Made in USA, or claimed to be of domestic origin without qualifications or limits on the claim, the product must be "all or virtually all" made in the U.S." (source https://www.ftc.gov/news-events/media-resources/tools-consumers/made-usa).
in this context, "All or virtually all" means that all significant parts and processing that go into the product must be of U.S. origin. That is, the product should contain no — or negligible — foreign content.
Having to comply with that could be very difficult. Apple could try to argue that the majority of the content of the iPhone is software made in the US, but at a minimum, I'd expect them to have to have some sort of qualified labeling or start to do all the molding, machining, PCB creation, PCB population, etc in the US too.
How much will they save if they no longer need to line their assembly buildings with suicide nets?
But don't worry Americans are twenty seven times as fast at sticking all those fiddly things together, even without the years of experience and training the current staff have.
American robots may be. Note that Apple is investing in robots to disassemble iPhones for e-waste and recycling purposes. Assembly would seem a related problem.
>The component cost for an iPhone 7 is estimated to be about $250
NOWAI! Iphone 3 did cost around USD $30 in materials. Four, possibly around $45 for materials + fabrication costs due to more custom parts/manufacturing processes and genuinely better component selection. FYI, Samsung posted material + fabrication cost of 76k KRW for Galaxy S7 in their earning call.
IHS idiots calculate the BOM cost using retail component prices. Five years ago they were saying that the microscopic battery of the third iphone did cost 11 buck. Back then, I could've easily found better prices retail in Chinese malls, like for 70-90 cents.
You forgot to account for most of the costs. The marginal cost to build one more iPhone, parts and assembly, is about $260. Those 100,000 engineers working for Apple don't work for free, though. Their two big facilities in Cupertino cost about $8 billion, in total their office buildings cost over $15 billion. (Mortgaged and leased for few hundred million per year.) Those Apple stores in the mall? Not free.
Assuming you buy your iPhone at another retailer, rather than the Apple store, the retailer might get $200 to pay their rent, employees, advertising, etc.
When a phome breaks after 6 six months it cost Apple $350 to replace it.
If they keep making them the same way they make them now. But the technological progress works at their economies of scale. They have no incentive to automate many of the menial tasks which go into production of the devices if hiring X10 more people somewhere else is cheaper than automating at home. But this is not progress. It's regression. First, new automation technologies don't get built, so cheaper (in the long run) production techniques don't get implemented. And, second, fewer people are trained in building industrial automation technologies. So other industries don't benefit from the added insight of those people. Everyone loses when automation is disparaged. Companies start looking for places with the cheapest cost of menial labor.
Any guest worker system is indistinguishable from indentured servitude.
It's not a very well written piece, as there seem to be several key points that are likely to have a significant impact not considered:
Where is the factory going to come from? How much does that cost, and how long will it take to get online?
Have they considered the 45% tariff Trump is planning on putting on goods from China? Apple will still need to import the parts, I assume, unless they are planning on making those in the US too, and components are still goods, just like finished products.
Where do the staff come from, bearing in mind that Trump is planning on deporting many of the immigrants that are actually prepared to work for peanuts. What about the costs and time required for any training (such as it is)?
Given the lack of details, it seems far more likely that someone did some quick numbers on a napkin that are unlikely to have any real basis in fact, than a detailed analysis of all factors likely to be applicable.
UNIX? They're not even circumcised! Savages!
Maybe it should go out to a competitive bid. Perhaps with investments in robots, they can be made more cheaply here. Maybe they can be made in multiple places. They already build Macbooks here.
Greed is the root of all evil.
Cost is somewhat irrelevant.
The article failed to mention lead time to set up a facility,
If external factors prevent Apple from using China, the supply chain fails and no iPhones=no revenue until the facility comes on line.
Why would you go to Foxconn to request something like this? They don't have a US manufacturing capability. Of course it's going to be expensive as hell to build it from the ground up. Why wouldn't they solicit a bid from one of the US based contract manufacturers?
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The cost to Apple doubles, driving up retail $6.
The manufacturing cost of an iPhone 6 is about $5. The parts and materials cost around $220.
Making it cost $10 or $11 to manufacture isn't going to break anyone.
http://www.zdnet.com/article/h...
So they asked Chinese companies what it would cost to build on American soil. Is anyone surprised when the Chinese went: "Oh it'd cost like, double man, you might as well just keep that juicy contract with us. Over here. Where we can just put nets up to catch the suicide jumpers."
They should try asking Jabil whether they could do it for them and assemble in-country.
But I'd be just as happy if they didn't. If they're able to suck up Jabil's capacity faster than Jabil could build out more, even for a while, that would make it harder for the rest of Silicon Valley to get stuff made.
Bantam Dominique roosters crow a four-note song. Once you've heard it as "Happy BIRTHday" you can't NOT hear it that way
...means I really don't give a shit what impact American manufacturing creates. They will still make an obscene amount of profit per product regardless, so let's kindly stop worrying about this bullshit concern from Apple. They won't be suffering.
This seems expensive because wages have been stagnant in America the last 30 years. If American wages have kept up with inflation over the past 30 years rather than their jobs being exported and wages kept low, people could afford phones at these prices.
Motorola built cellular phones in high volume in Libertyville IL for years. Supply chain was modern and sourced components from everywhere, but real assembly (PCB reflow, not just screwdriver final build) was there in Libertyville. Employment was about 5,500 in the factory portion, about another 600 in engineering and admin. Then management turned over and the new top guy decided Moto could slightly improve profits by offshore manufacturing. It wasn't a large difference; just enough "better" for someone who didn't understand or value a short final supply chain to decide to make the call for going offshore. The building is still there, 1.1 million square feet, recently changed hands again for less than $10 million; GPS coordinates 42.288864 -87.999917. I worked in that building every workday for years. The disruption to coming onshore would be large, but absolute costs aren't that different - labor is a indeed a small portion of total cost. "Double the cost" for onshoring is not supported by the facts.
Cut full time hours down and remove healthcare form jobs to start
The cost increase is because it's more expensive to install the suicide nets in American factories:
http://www.dailymail.co.uk/new...
> cost Apple $260 to make, then costs another $350 to replace under warranty, and they only get to keep $495 of the $695 retail price of the original sale? ... So they're assuming a $115 loss (before facilities, taxes, and paryoll) on every 32GB iPhone 7 sold?
You're pretending every single phone they make has to be replaced under warranty? Never go full retard. I'm not sure why you bothered to write anything further after you already went there - it's pretty clear your post wouldn't be worth reading.
If you'd like to know their actual costs and margins, rather than completely making shit up, their annual report is right there on their web site.
Quality too.
Remember the "Star Trek" dream during the Mac days?
Let me remind you.
Apple was building Macs in southern CA and across the boarder in Tijuana MX using special-built Motorola proprietary parts and soldering everything to the motherboard. The only thing a "owner" could do, without resorting to de-soldering and re-soldering, was to change the battery powering the EPROM chip and system clock.
Jobs changed that when he returned!
By 2009, Macs had become mostly modular with InTel and other hardware. The operating system, OS X, had become usable to programmers thanks to netBSD and NeXTSTEP by the way.
Now at 2016 Timmy and the other Toner Heads at Apple, the guys who are Marketing and Sales Mid-level managers who think an "upgrade" is "black, gray or silver tone on the case" have changed the insides of the Macs back to 1986 days.
That is the problem that Marketing and Sales Mid-level manager leadership has given Apple; a later-day XEROX with no talent and no vision (just mid-level managers collecting paychecks, and no printers either).
Just because the cost to make them doubles doesn't mean Apple has to pass that cost onto the customer. What is a markup on an iPhone? If it costs $200 to make now then the retail price will go up by $200, only if Apple chooses to pass the entire blow onto the customer. They could easily eat the whole thing.
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
Is that most likely because they won't have slave labor camps where all employees live on-site and work insane hours constantly on their feet? Or is it because they won't be able to have emissions that are toxic to the environment spewing into said environment?
And let's be clear, the quote is misleading because it says "the cost will double", but it's the manufacturer stating that, so their cost will double -- not the price of the iPhone. Naturally -- and appropriately -- the price of the iPhone will inflate to include all/most of that increase, but Apple already turns enormous profits per iPhone relative to the manufacturing cost (estimated around $200 for the latest iPhones, which they sell for >$700), so it would be a modest bump.
It would also be a cost that should go down after the initial investment. If nothing else, it's worth the opportunity cost and the improvements to the environment by not making them in toxic-spewing plants.
If americans had to pay for "made in america" products they would not own much. Even Harley davidsons are made from china parts and assembled in mexico
Do not look at laser with remaining good eye.
What did you expect when you use child labor....
After our Best Leader of All Time rounds up the filthy Mexicans and starts placing all captured illegal border crossers into "Immigration Detention Centers", then he will NATIONALIZE Apple and make it even better. Then, for the masterstroke -- he will order the Mexican detainees to make our phones for FREE
FREE iPhones for all White Americans who swear Loyalty Oaths!
Apple iPhones are such cheap pieces of crap, they might as well be dispensed from gumball machines for $.25.
Bullshit! I think it can be made for a reasonable cost. It sounds like Apple is fudging a few things. I remember when US Airways got it's panties in a bunch over having to give up it's foreign call centers. It turns out that on-shoring all of the reservation processing added only a minor cost increase.
Apple is over charging anyway. There's a reason why the Company is worth so much money... Make the product in the USA, earn less profit and spread the wealth locally. be a good citizen. I bought my Mac Pro because it was made in the USA.
If you read his book, he discusses this. It was actually environmental regulation that was the problem. It is easier to make adjustments to manufacturing in China. In the US, it takes years to get approval to do everything.
Apparently, the outgoing administration was very unamused by this answer, and Apple was punished in the press and by regulation for a while, until suitable donations were made.
Sigh, Govt as usual. Not what Trump should be doing.
Forcing Apple to build something here is dumb.
The problem to fix is setting up a system so that Apple WANTS to do it here because it works better.
That requires moving the supply and support chain here.
Just doing final assembly here is a joke of political stunt.
It would make a nice sound bite, but not help a bit for most US workers.
In fact it could be worse for them if it makes their Apple toys cost a bit more.
Proudly made in the USA, with new embossed Eagle hologram emblem on the rear to show that you are a patriotic supporter of the U.S.A
Hey, if people will pay for a damn gold iphone, why not?
Wages will go up so I cna afford to buy more crap. By some estimates I am making half of what I should be making. See this citation for a discussion of the matter.
http://www.pewresearch.org/fac...
putting the 'B' in LGBTQ+
They made the first Moto X in the US. AND they could turn around a custom Moto Maker design in a few days. They should be able to give you some indicators about making phones in the US.
The cost to Apple doubles, driving up retail $6.
The manufacturing cost of an iPhone 6 is about $5. The parts and materials cost around $220.
Making it cost $10 or $11 to manufacture isn't going to break anyone.
http://www.zdnet.com/article/h...
True. It would also seem to be unlikely to create any "good payin' jawbz" in the US.
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Anyone involved with manufacturing of industrial products (especially those that involve castings) already knows of the pricing difference. It is not a new thing and has been going on for at least 15-20 years, probably longer.
From personal experience, every time I have seen a comparison of "making it in America" vs going global (mostly China but really all BRIC countries)......the difference is at least 50% and more commonly around 70%. That includes the total cost: components, labor, logistics, tariffs, etc. If costs $100 to make here in the USA, then you can reasonably expect it to cost $30-$40 if you build it in a BRIC country and ship it back to the USA. The products I am specifically familiar with are valves, pipe, and vessels but this difference is not confined to those industries. The scope covers pretty much anything that is made/manufactured - ie: hard goods.
There is a reason everything is made in India and China: It is cheaper by a lot. Free markets work and nobody is going to pay 50% more for anything just because it's made in America. There may be a few products here and there that could justify the difference in terms of QA but for the most part, the lower cost/same quality is going to win out every time.
I'm willing to pay more for a product that's made in the US, or at least not made in China.
Also I'm an AAPL shareholder, and I want Apple to move more of its manufacturing out of China, even if that hurts AAPL stock price.
I can't speak for anyone else, but that's what I want.
Wow- really? Me too. I voted for Darryl W. Perry for president. Who did you vote for? (Darryl W. Perry ran for the libertarian party, lost, then was a write in after the fake libertarian Johnson won the 'libertarian party' vote, but good news is at least in NH Darryl W. Perry is now running the NH Libertarian Party so we'll have a real libertarian party again for the first time in New Hampshire in a very long time, the first in the country to actually be brought back to its roots).
What does cost matter? We all know the Apple flock will buy it anyway.
Foxconn already functions is 14 countries. Can you explain who else has the knowledge to work this out ? Not you, obviously. Do you know anything about large scale industrial manufacturing ? For example, Apple produces about 1 million phones a day, the number of new cars bought in the USA each year is about 7.5 million, or just over a weeks worth of iPhone production. Scaling up manufacturing while maintaining quality control, availability of components, etc etc is a huge problem. And its not just the assembly, there are all the parts that go into it, what are the logistic of that ? Shipping time, Storage, production flows, getting the end products out the doors Each circuit board needs to be tested multiple times during the various stages of production, the machines to do this are not cheap, the cost of designing the tests are not cheap, and then in 12 months time they all have to be redesigned for the new model. There is how much power the plant uses, the maintenance of the plant, water, waste, the logistics of getting the components into the factory, sorted, loaded into the machines. And they are not just doing stuff for Apple, there is Dell, HP, Samsung, etc etc etc, they are the experts on this. God, you don't go an see your plumber to get an estimate of costs to get a filling in your teeth, you go to the people who know the job.
I wonder if they factored in Trump's intended 40% tariff on those part cost estimates?
Or the fact that China says, "you erect trade barriers, we will too."
Just wondering over here.
I've fallen off your lawn, and I can't get up.
You know what would most likely happen? They'll build a new plant, it'll be highly automated with the very newest tech rather than employ any line workers, they'll hire three shifts of managers with green cards from India to watch the computer report the status of the assembly lines (and record everything they do on cameras.) The plant will run 168 hours a week. They'll incorporate parts from China, which are now 140% the cost of what they were previously because President Trump wants that tariff really bad, and they'll charge you double and then multiply that by 1.4.
Welcome to the new world, where we don't buy stuff from China anymore, and we still have no work, and we can't afford anything.
President Trump's gonna make America Grate Again. Ouch! Here, hold my footgun.
I've fallen off your lawn, and I can't get up.
Oh no, there's a possibility. You know, if you're stupid.
I've fallen off your lawn, and I can't get up.
When you say "Our sysadmin is in Shanghai", what you really mean is "Our proprietary data is being shared all over China".
You aren't even trying. I dearly hope your product is of no value, including not being usable (by finding or adding security holes) to compromise your customers.
So it will jump from $5 to $10?
Lawrence Lessig
Just think how smug they'll be after paying more for the only US made phone you can get.
$10 a month to be able to look down on all the Android folks as not supporting the good old USA!
Priceless to the clueless.
Certainly it will cost more, initially, as there's a lot of setup and time involved to get to scale. However, once the manufacturing is in place and operating at scale, costs will come down. Maybe never to the same level but down, none the less. Apple makes a huge profit on each device, so if they wanted to, they could double costs and still make a huge profit, which would improve over time as costs come down.
It's the CHINESE COMPANY that's looking into making phones in the US, not Apple itself. Apple itself doesn't make anything, and it hasn't for at least a decade. They design, market, sell, and support the product. Manufacturing is not among the things they do.
Caluclation is simple ...with their typical markup is - like - 200% (at least?), this means their profits will also double ... as the last thing Apple will do is take cuts in THEIR profits ... and the last thing most of the Apple fanboys and -girls is care about the price, as long as they have the latest iProduct, so ...
What exactly does this mean ? Make every component, or just the final assembly ? Why not just add a sticker or perhaps a small manual of one or two pages and pretend because that is made In USA, that's the part that counts.
I can't believe how many have discussed costs of transporting components from china and have completely skipped the fact, those components themselves are not made in USA...
Starting no later than year 2000, Nikkei has been promoting building factories in China to Japanese companies.
Many Japanese companies believed that and suffered massive losses due to copy products, demands for bribes, local government backed strikes for massive raise in wages, etc.
Just so you know, Japanese investors use Nikkei to check if they are out of touch...by making sure that they are NOT doing what Nikkei recommends.
You are free to listen to this article from Nikkei, of course.
And if they paid taxes, it wouldn't.
I was having a discussion with a friend over the weekend, and he complained about how racist Trump is, so I asked what exactly was so racist about Trump. The only things he could come up with was the wall with Mexico, and a Muslim registry. When I pointed out that Hillary was for the wall as a senator, he had no response to that.
Why is it racist when Trump says it, but a great idea when Hillary does? Sexism.
http://www.bing.com/videos/sea...
As far as the registry goes, that has been in place for years, it isn't like Obama put a stop to it. Since 9/11, everyone entering the country (legally) registers at the border, and are fingerprinted and asked to give the address of their destination. How is it in any way different to somehow add that the person came from a Muslim country (which is already tracked!)?
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
Also, I suppose I should point out that I think both Hillary and Trump are unworthy of being president, but it was inevitable that one of them would get elected. Frankly, none of the top four candidates were worthy in my eyes, but I voted Johnson as a tactical vote. Every vote for a third party means it is more likely that the main parties will drift in that direction in the next election cycle.
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?