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Here's how much a ‘Made in the USA' iPhone would cost [CNBC]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Analysts who follow the company say the idea of an American-made iPhone is impossible at worst and highly expensive at best. One analysts estimates that on labor wages alone, a U.S.-made iPhone could cost 25% more than they do now. Another analyst pegged the price of a stars-and-stripes iPhone at $3,500. Tim Cook, chief executive officer of Apple Inc., speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona, US, on Tuesday, Dec. 6, 2022. When President Barack Obama asked late Apple CEO Steve Jobs about making an iPhone in the U.S., Jobs didn't mince words. “Those jobs aren't coming back,” Jobs in 2011. The president of the U.S. and the CEO of Apple have changed, but the ambition of a “Made in the USA” iPhone remains. Defending its “reciprocal tariffs,” the White House that President Donald Trump believes the U.S. has the workforce and the resources to build iPhones in the U.S. Apple CEO Tim Cook nor anybody else at the tech com
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