According to Tim Cook, Chinese workers have skills that Americans have ceased to have.
But an iPhone manufactured in the USA absolutely would cost much higher than China.
However, CEO Tim Cook has a different reason.
Newly, the American 60 Minutes dedicated an event to Apple.
Tim Cooks Answer was: Skills.
Indeed, according to him, the Chinese are more qualified than Western workers.
As Over time, America has discontinued having this pop in of professional skills.
In China, you absolutely take some football fields, he also added.
The discussion holds up.
First, there is the price of labor is higher in the United States.
And thats not all because what really inflate the bill, it is the taxes.
Indeed, for profits made abroad, Apple pays only 2% of taxes.
