Well frankly I agree, but then again I am not a big Apple fan.
Apple is outsourcing virtually their entire production.
At some point, America will want to start producing things once again. I believe that time is approaching rapidly.
Apple will have all their production in China.
Not good.
But then again, I am not an Apple fan, so take that for what it is worth.
Not entirely true - I think one of the lessons learned from the Thailand flooding (*cough* Western Digital *cough*) was that having all of your production sourced in a single geographic location is too high of a risk. Apple is shifting some of their production to other places, like Brazil and even Texas.
Only time will tell if the author is correct in the assessment of Apple, but it reads like the typical doom & gloom headline bait that flies in the face of quarter after quarter of record profits.
“Well frankly I agree, but then again I am not a big Apple fan.”
I’m not sure how you can know in advance, but time will tell. Nothing lasts forever.
“Apple is outsourcing virtually their entire production.”
And... this makes economic and business sense.
“At some point, America will want to start producing things once again. I believe that time is approaching rapidly.”
You may be right about the desire to produce.
All America has to do to accomplish that is change the ridiculous number of laws, reign in the ridiculous number of slimy lawyers, change the legal system to loser pays, overturn the requirements of obamacare, alter the tax code, reign in the EPA and 20 other gov’t agencies that make rules by fiat and reign in unions... or it makes no economic sense to set up manufacturing here. I don’t see those things happening, despite what many desire.
Money always goes where it is wanted and appreciated. It is penalized here. Once the money is made there, it doesn’t come back here because of the high corporate taxes.
“Apple will have all their production in China.”
No doubt manufacturing will continue to follow low costs around the world. China is no longer the least expensive place. Other countries are coming online now.
“Not good.”
Perfectly normal and to be expected. It is the history of manufacturing.
Yeah, of course Microsoft makes their computers in the USA.
Oooppsie...Microsoft doesn't make their computers, they outsource them too!
Well, aren't all the companies they outsource to located in the good ol' USA?
Well?
crickets...