“The Guardian has one of those lists of things you didn’t know about Apple,” Tim Worstall reports for Forbes. “There were three founders, not two, Macintosh is a type of Apple, things a lot of us have heard before.”
“But there’s one that while I’ve heard it before is worth explaining. That’s that Apple sends all of its iPhones and iPads around the world by air, not by sea transport,” Worstall reports. “The reason is that it’s cheaper for them to do it this way.”
Worstall reports, “Yes, the direct costs of sea shipping are lower but the time value of money then reverses the calculation.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “JES42” for the heads up.]