“There’s several different ways that we can try to measure how much it would cost Apple to assemble the iPhone in the US,” Tim Worstall reports for Forbes. “You know, that reshoring of manufacturing that so many insist good and loyal American companies should do.”
“The most obvious answer is that it would simply be impossible: Foxconn, Pegatron and others employ several hundred thousand people across China to assemble Apple’s iKit and there’s just no possible method of getting that sort of scale in the US,” Worstall reports. “Not in any reasonable timescale at least.”
“A second approach could be to look simply at what the extra labour costs would be of assembling in the US,” Worstall reports. “The third way would be to look at the total extra costs Apple would have to pay and that gives us a very high figure of $4.2 billion [per year, $3.6 billion of which would be payable to Uncle Sam].”
Read more in the full article here.
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