Yep. But planning and building such a thing would take years and cost god knows what. On a positive note, it could coincide with the first beta of Apple intelligence.
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Trump Believes Apple Could Manufacture iPhones in the U.S.
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Go to college. Get a STEM degree. Starting compensation for a new grad hire at a FAANG company works out to around $70/hour when you add in RSUs. Oh, that doesn’t include the $25k to $50k sign-on bonus, nor the value of the Cadillac health-care plan and life insurance.
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Not only is Trump and his staff dumb, they're confidently dumb. And we're not even six months in yet. Good lord.
Democratic Socialism just means you voted for the gov't guns to be pointed at you.
Appropriately taxing billionaires, lol, Marx and Engels would love you. How about just putting them against the wall and taking all the money?
Yes, all those things ARE horrible, because I don't want government having that much control over my life or your life. Our Constitution mentions nothing about confiscating legally obtained wealth from billionaires or giving me "free" access to health care labor or "free" education, or a shiny pony or a gilded unicorn. I don't want a government to have that much control because a government with that much control is a government that can take all those "free" rights away or use force from the barrel of a gun to force me to do something I choose not to do.
And you, as someone who wants government to be your dada and mama, means you don't want to be a part of a FREE society, where I have individual liberties and economic liberties without reliance on government, so any further discussions with you are moot as well. If you want statism, seek it out, go back to it, but I don't want statism from the left and I don't want statism from the right.
Here's the thing, it's not actually dumb, it's by design. There's a plan behind it.... All the outwardly dumb stuff is just smoke and mirrors.
So the US creates a bunch of new factories that sell almost exclusively to a US market meaning they can't amortize these factories over nearly as much sales as has been traditionally done over the last few decades. So they lose money but at least employ more people. Communism? Socialism? Definitely not Capitalism
Lol now Apple knows what it feels like to be charged extortionate prices for stuff.
yeah! They will feel the pain, repent and start selling at much lower prices --- somehow. By the way, aren't there alternatives to Apple devices? How can it be extortion if you have reasonable alternatives?
Most people in the US believe in angels.
Not for America anymore, the administration is isolating us.
Less innovation isn’t clear. Clinton also opened up the Internet, which spurred a bunch of technical and commercial innovation. Globalization was inevitable for over 125 years only because we had globalization in the late 1800s. It led to WWI because Germany became too economically successful for Britain and France to stomach. It seems the economic competition between China and the US could play out similarly.
I’m not sure why you bring up unions. Every other country has unions and seems to be able to compete. Only in the US have people been brainwashed into thinking that the natural order is for companies to hold coercive economic power over workers. I suspect it is because other countries actually study economics. They understand the problems of capitalism and how to remediate some of them. In the US, someone mentions supply and demand in a high-school social-studies class while indoctrinating them with Orwellian capitalist doublespeak and the students come out thinking they understand economics.
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Well you do know about bibles. Schuyler Bibles posted on their FB account that these tariffs will cause their prices to increase. While we preachers are certainly not experts on everything, it doesn’t take an expert to understand increased cost is always going to be passed down to the buyer. That’s how businesses keep their profit margins and stay in business.
Do you even know what socialism is? Most of the leftwing parties in Europe fall into the "social democracy" bracket. It does not mean public ownership of the means of production, which is the main attribute of socialism. It's essentially capitalism with state regulation designed to achieve more equitable incomes, worker rights, fairness and a strong social safety net.
Tax is now "confiscating wealth"? OK then. And obviously neither health care nor education are "free". Most European countries have some kind of public/private hybrid system, and many of them are by objective measures more efficient and have better outcomes than the expensive mess we have in the US.
And you think that's not possible with a privately run healthcare system? What about all those attempts by Republicans to take the ACA marketplace plans away from people, many of whom were unable to get any insurance before the ACA? And education? We currently have a president who literally blackmails universities that don't conform with his ideas.
Once an IDIOT, Always an IDIOT.
I guess when its coming from 6 Bankruptcies, and 2 failed Casino's, a failed Airlines, a failed Vodka co, a Failed Tie company, a Scam University, failed steak company, and your such a looser that you have raped women and you were sent by a god, ..... Facts don't matter.
I guess when its coming from 6 Bankruptcies, and 2 failed Casino's, a failed Airlines, a failed Vodka co, a Failed Tie company, a Scam University, failed steak company, and your such a looser that you have raped women and you were sent by a god, ..... Facts don't matter.
But the idea is to go back to an earlier America where people struggled and often died or lived depending on luck and only minor local support and zero support from further away -- you know, the good old days.
yeah! Go back 100 years and people didn't spend much. They didn't have much. They didn't live much. But they (mostly) managed to get by. That's what we want!
Yah, but those were the days when Trump mentioned Moderna. It was a big hint.
Never let facts get in the way of the truth.
I mean - he also said "Malaria" was the disease that affected the construction of the Panama Canal, and nobody seems to have noticed that he probably meant "Yellow Fever", and not malaria.
Yes - he might not know geography (find any USA citizen who is good at geography), or have the technical insights about manufacturing sophisticated electronics like the iPhone. But so what? Last time Trump was president Foxconn was supposed to be setting up in Wisconsin, but this vaporized? Well that's no good!
All this stuff is why Trump is a great negotiator actually.
The actions of the huge tariffs are causing a lot of chatter and worry - I mean, I think the penguins on that Antarctic Island probably got a kick out of their tariff situation right?
Ultimately, we would be looking at genuine free trade, but with a 10% tribute to the USA national debt of $37 Trillion dollars. That's what it's all about. Tariff actions speak louder than words I guess.
Tim Apple promised $500 Billion for domestic USA development. If Apple does not get a free pass on Tariffs, I'd much rather have Apple increase their dividend by a reasonable amount! All this share buyback stuff was not worth a hill of beans! You want AAPL share price stability? Jack up the dividend!
Get interest rates down - how can we do that? CPI gotta go down, or a recession or unusual global economic situation.
Thursday Powell Fed will either drop the interest rates, or we can maybe see markets drop even more until we get the interest rates to drop. Yah yah - the national Debt has nothing to do with Powell, but that is not always the case. Trump has brought all this to the front and centre stage. It was not even on the radar for most people, but maybe it should be. Fed will be all about reducing suffering.
Anyway - that's my perspective on all this iPhone made in USA stuff.
I never thought I’d come across a age where I would need to save money to buy a iPhone like I would for a car…
U.S. President Donald Trump "absolutely" believes that Apple could manufacture its iPhones and other devices in the United States, Press Secretary Karoline Leavitt said today during a media briefing.
Leavitt was asked whether Trump thought that iPhone manufacturing is the kind of technology that could move to the U.S. "Absolutely, he believes we have the labor, we have the workforce, we have the resources to do it," she replied, also referencing the $500 billion investment in the U.S. that Apple announced earlier this year. "And as you know, Apple has invested $500 billion here in the United States, so if Apple didn't think the United States could do it, they probably wouldn't have put up that big chunk of change."
Trump is planning to levy steep tariffs on China, Vietnam, Thailand India, the European Union, and other countries starting on April 9. He has claimed that if companies like Apple do not want to pay the tariffs, they should manufacture their devices in the United States. Despite Trump's suggestion that Apple could shift its incredibly complex supply chain to the U.S., it would be next to impossible. Disregarding the expense of such a maneuver, it's not likely that Apple and its suppliers would be able to find enough people with the necessary skillset in the United States. Cook commented on manufacturing in China in 2017, and said that Apple's iPhones are assembled there because China has expertise in very advanced manufacturing.
U.S. secretary of commerce Howard Lutnick made similar comments about iPhone manufacturing over the weekend, as 404 Media pointed out today in a piece titled "A 'US-Made iPhone' Is Pure Fantasy." Lutnick said that the "army of millions and millions of people screwing in little, little screws to make iPhones, that kind of thing is going to come to America," suggesting that neither he nor Trump understands Apple's operations.
404 Media highlights Apple's 27-page supplier list [PDF], which lists the more than 50 countries where Apple gets components from. That doesn't even count rare earth minerals that are sourced from 79 countries, and that can't be mined in the U.S. Apple could not avoid tariffs by "manufacturing" in the United States because there is no feasible way all of the iPhone's components could be made in one country. Even if we limit "manufacturing" to device assembly, and the U.S. had the skilled employees required (which it does not), cost of living and wages in the U.S. vs. wages in other countries would make the price of a U.S. iPhone astronomically higher.
Apple has not yet commented on the tariffs, but the company has been stockpiling iPhones and is also planning to rely on imports from India, where tariffs are lower, to offset some of costs associated with importing devices from China.
It is true that Apple announced a $500 billion investment in the United States, but Apple will be manufacturing servers for its Private Cloud Compute system, not iPhones. Servers are a low demand product that aren't customer facing.
When Apple manufactured the Mac Pro in Texas during Trump's first term, it was largely a failure. Apple struggled to find local suppliers, importing components to Texas caused delays and unexpected expenses, and Apple had a hard time finding workers with the required skill.
As of yesterday, Trump was planning to levy a 54 percent tariff on China, but today, he increased that by another 50 percent. Starting tomorrow, goods imported from China will be subject to a tariff of 104 percent.
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Article Link: Trump Believes Apple Could Manufacture iPhones in the U.S.
Without knowing the particulars of your story, I can only say that I have a feeling your employer sent your job overseas. Unions don't do the offshoring, corporations do.