iPhone: Assembled in China, Designed in U.S.
July 06, 2010 at 21:14 PM EDT
Turn over your iPhone and you’ll see that it’s “assembled in China.” But that doesn’t mean that most of the profits or revenue go there. In fact, only about $6.54 (a little more than than 1%) of the full $600 retail price of an iPhone goes to China and more than 60% goes directly to [...]