The info contained in this quote is factual until the author makes a statement that is in conflict with other facts he stated.IPHONES (Apple)
During his campaign, Trump suggested that his administration could potentially get Apple to build their computers and devices in the U.S. instead of other countries. Nikkei Asian Review reported last month that Apple assembler Foxconn has actually been studying the possibility of moving iPhone production to the U.S. But a source told Nikkei that the cost of an iPhone would "more than double" if that were to happen. An evaluation by Marketplace looked into the hypothetical cost of an American-made iPhone, and came up with a similar estimate. If all the components were made in the U.S., they suggest, that could push the cost up to $600, which would mean the phone could retail for as much as $2000.According to a different analysis published in the MIT Technology Review, if iPhone assembly were done in the U.S. but the components were still sourced globally, the cost of making phones (currently estimated at about $230) would rise about 5%. However, if the components were made in the U.S. (with raw materials bought on the global market), that would add an additional $30 or $40 to the cost of making the device, an increase that would then be reflected in retail markups.Dan Panzica, chief analyst at IHS Markit Technology's Outsourced Manufacturing Intelligence Service, suggests these estimates all overlook a bigger problem.
The MSRP on an IPhone is somewhere around $675.00, It costs $230.00 to make= 293% markup. If the "price doubles" when made in the USA that would be $460.00 x 293%= $1,347.80 not the $2,000.00 he stated. The reason Apple makes these overseas is that markup, whereas made in the USA it would only earn 47% markup.
When the prototype IPhone was in Steve Jobs hands, the screen broke, he contacted FoxConn at 12 am Taiwan time about using Gorilla Glass by Owens Corning for the screen. At 2:30 am Foxconn management woke prototype workers in their Foxconn owned apartments (on the company campus) to come in to work up a phone using the Gorilla Glass. Here is where I ask the question, Could those employees have refused? And what would happen to them if they did?
P.S. Don't confuse cheap goods as a great deal without considering the human and environmental impact included in that cheap price.