Froman: "We can make iPhones in this country, completely in this country, but they’ll probably cost $3,000 and they won’t be available to the single mother who uses it to FaceTime with her kids ... People rely on trade in ways that they have no realization of.”https://twitter.com/realDonaldTrump/status/1038453273286664193 …
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I would bet quite a lot on a per phone basis the labor cost is about 20 cents in China if not less, which taking the multiple here would add about $10 bucks to the cost of the phone. (http://www.china-briefing.com/news/2018/08/15/labor-cost-comparison-of-chinas-first-tier-cities.html …)
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How are you doing that math? They would save that cost in air freight around the holidays, would make no sense to continue shipping overseas if that were true
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One of the biggest advantages in China is not labor, but the government underwriting of the capital cost of manufacturing infrastructure.
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Screw Chinese mothers, they should thank me for their $2,000 - $8,000 yearly salaries because I buy the phone they make to face time my kid.
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How many labor hours per phone (iPhone) does one cost to build since you spend time there?
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