Cost of materials on a mid-level iPad costs about $325
Labour is a whopping $10. Gosh!APPLE, the world's most innovative company brought in $46 billion in revenues, $13 billion in profit, and an eye-popping $17.5 billion in cash flow, in just 3 months - Q4 2011.
To ensure better pay and worker treatment, each iPad would cost an addition $20 meaning Apple would have made $16.5b in quarterly cash flow instead of $17.5b
http://blogs.hbr.org/win...ness-and-its-shame.html
When Barack Obama joined Silicon Valley’s top luminaries for dinner in California last February, each guest was asked to come with a question for the president.
But as Steven P. Jobs of Apple spoke, President Obama interrupted with an inquiry of his own: what would it take to make iPhones in the United States?
Why can’t that work come home? Mr. Obama asked.
Mr. Jobs’s reply was unambiguous. “Those jobs aren’t coming back,” he said, according to another dinner guest.