iPhones cost $8 to make in China, would cost $73 to make in US

[seabhcan]

At a dinner a while ago, Obama asked Steve Jobs "What would it take to get those manufacturing jobs back to the US". Jobs said blankly "Those jobs aren't coming back".

This great article explains why:

This Article Explains Why Apple Makes iPhones In China And Why The US Is Screwed

http://www.nytimes.com/2012/01/22/bu...pagewanted=all

The basic answer is that while iPhones sell for $700+, they can be made for $8 in China, verses $73 in the US. Plus, Chinese workers are willing to live on the factory grounds, work unpaid overtime up to 16 hours a day. They can be hired and fired at will and by the thousand.

US workers just aren't willing to be treated like that.

Of course, those Chinese workers will never earn enough to afford any of Apple's products. And the decline of manufacturing is reducing the companies US customer base too.

How soon before this entire process eats itself and collapses?

(Henry Ford used to pay his employees far above the going rate for the time. People thought he was mad, but he said 'If I don't pay them well, how can the buy my cars? They are my best customers")

[Crazy horse 6]

Anyone who pays 700 dollars for a phone is an idiot. Just saying like.

[Pat Gill]

Of course Henry Ford wasn't an accountant.

The modern belief that money itself can be an industrial product has hit the barrier big time.

[Radix]

(Henry Ford used to pay his employees far above the going rate for the time. People thought he was mad, but he said 'If I don't pay them well, how can they buy my cars? They are my best customers")

But sure isn't that exactly the philosophy which lay behind the creation of Tigris Celtica, a cart of sorts, behind whose wheel we all placed our shoulders with reckless abandon?

[simeongrimes]

One former executive described how the company relied upon a Chinese factory to revamp iPhone manufacturing just weeks before the device was due on shelves. Apple had redesigned the iPhone’s screen at the last minute, forcing an assembly line overhaul. New screens began arriving at the plant near midnight.

A foreman immediately roused 8,000 workers inside the company’s dormitories, according to the executive. Each employee was given a biscuit and a cup of tea, guided to a workstation and within half an hour started a 12-hour shift fitting glass screens into beveled frames. Within 96 hours, the plant was producing over 10,000 iPhones a day.

Not very different to slavery is it?

[Pat Gill]

But sure isn't that exactly the philosophy which lay behind the creation of Tigris Celtica, a cart of sorts, behind whose wheel we all placed our shoulders with reckless abandon?

The difference was that Henry Fords customers were not LIMITED to his own workforce

[Analyzer]

The problem is that the workers in China are treated in a manner that used to apply to battery hens in the West until there was public uproar over the treatment of battery hens.

But there is no fashion statement to be made from eating an egg, like there is from owning an iPhone.

Therefore people overlook what is occurring in China, with respect to the conditions of workers.

Marxism with Chinese characteristics is an even bigger fraud than any other form of Marxism.

Which, is in itself a remarkable attainment, given the frauds perpetrated by Marxism.

[Pat Gill]

Not very different to slavery is it?

There is a certain product price in every industry below which you will find indescribable misery.

[Mikeoc]

If these gadgets cost so little to manufacture, how come they're so expensive to buy? With slave labour on the one end and extortionate prices on the other, it's no wonder Apple is such a profitable company.

[seabhcan]

If these gadgets cost so little to manufacture, how come they're so expensive to buy? With slave labour on the one end and extortionate prices on the other, it's no wonder Apple is such a profitable company.

They make 400,000 $ profit per employee.

They charge what people will pay. And pay what people will work for.