Seeking Alpha

More on Apple's (AAPL) increasing use of overseas labor in making iPhones: It's a core...

More on Apple's (AAPL) increasing use of overseas labor in making iPhones: It's a core conviction at AAPL that it isn’t just that workers are cheaper abroad. It believes "the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that 'Made in the USA' is no longer a viable option for most Apple products.”
From other sites
Comments (18)
  • wyostocks
    , contributor
    Comments (8813) | Send Message
     
    "flexibility, diligence and industrial skills of foreign workers have so outpaced their American counterparts that 'Made in the USA' is no longer a viable option for most Apple products"

     

    Translation------No Unions, No US governemnt regulations and No trial lawyers.
    23 Jan 2012, 05:48 PM Reply Like
  • Drew Robertson
    , contributor
    Comments (345) | Send Message
     
    Now this is the kind of future I signed up for when I read science fiction back in high school. Sounds thrillingly dystopian. Got Moloko Plus?
    23 Jan 2012, 05:54 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (706) | Send Message
     
    Has nothing to do with unions, regulations, or lawyers. It has everything to do with political correctness. Take "clean" energy. It's only clean because the toxic processes required to produce PVs or hybrid batteries occur offshore. If you produce a cool, but basically unnecessary gadget, like the Iphone, you get a pass from all the liberal retards. Never mind that we were long ago put on the treadmill of planned consumerism and obsolescence, like the Nike Air Jordans incidents, we'll spend welfare check and fight for the the latest trendy something.
    23 Jan 2012, 06:09 PM Reply Like
  • sr1977
    , contributor
    Comments (342) | Send Message
     
    No civil rights, freedom of speech or regard for the environment either.
    23 Jan 2012, 06:13 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (706) | Send Message
     
    Funny how the occupy wackos attack big corporations for lack of jobs and outsourcing of jobs, but when it comes to their precious "Isomething" experience, there is a hypocrisy that boggles the mind. The four largest banks, JPM, BAC, WFC, and C employ over 1,000,000 people, while AAPL, whose market cap is greater than these four banks, employs 60,000 but runs a million person sweat shop at Foxconn in China. Never mind, let's raise Steve Jobs to hero status.
    23 Jan 2012, 05:52 PM Reply Like
  • Bear Bait
    , contributor
    Comments (689) | Send Message
     
    if it walks like a ducka and quacks like a duck it's probably a duck. To bad we can't just raise the wages of the Foxconn employees and see how long Apple stays with these flexibile, diligent and industrially skilled foreign workers. I'm bettin' they could find some equally flexible etc etc workers in Thailand or somewhere else at a lower wage. Apple the Tech Nazis.
    23 Jan 2012, 06:04 PM Reply Like
  • THE BO MAN
    , contributor
    Comments (4) | Send Message
     
    so....who's the dork here....the vile company who exports jobs to some poor country where they work for nothing ...or the unemployed bozo who just stood in line to buy his new iphone4 and is texting and tweeting away while complaining about those greedy corporations moving jobs overseas????
    23 Jan 2012, 06:41 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    Most of these comments except wyostocks seem like a bunch of tired grumpy socialists. Freedom is about freedom, including freedom to make products If you don't like the way certain products are made then don't use them, but don't try to keep the rest of us from enjoying our hard earned toys.

     

    You do understand (and I have been at these Asian factories) that these so-called repressed workers would do anything to get these jobs because it means their families become prosperous. Just like in Ford's days, these families become the middle class. They don't mind working to provide for their families. Unlike americans that just want everything handed to them.

     

    If you took the time to understand their (Asian) environment, needs and philosophy you would not be so quick to jump on this stupid destructive political correctness with regard to working for living.
    23 Jan 2012, 06:52 PM Reply Like
  • mike mohr
    , contributor
    Comments (452) | Send Message
     
    They build their junk in China selling it in U.S. How about tariff on their junk then we see they don;t brag about China. Alas, the U.S. congress is bought and paid for by big corporations.
    23 Jan 2012, 07:34 PM Reply Like
  • Canary Cash
    , contributor
    Comments (471) | Send Message
     
    Mike, protectionism (the tariff you speak of) is a tax on intelligence and pays for stupidity. We need to find a way to win, not change the rules of the game when we lose...
    23 Jan 2012, 08:12 PM Reply Like
  • RK
    , contributor
    Comments (400) | Send Message
     
    All the complaints about US company not creating jobs here, especially manufacturing jobs, do not mention the main difference. China the nation is HUNGRY for these jobs; they WANT these jobs. They have been working on this for a generation. They do everything to make this manufacturing hub happens (yes, that includes all sorts of political brutish things that we would not tolerate). They built airports, ports, special administrative zones, fast track process to build roads, factories, schools, dormitories, etc.

     

    In contrast, I looked at my state of California. Governor Brown just made his speech of the state last week. You will not find these words in his speech: factory, manufacturing, port, airport, energy production. Instead he mentioned Nobel laureates, venture capital investments, green energy, pollution reduction, high speed rail, school improvements, pension reforms. You get the picture?
    23 Jan 2012, 08:56 PM Reply Like
  • bailinnumberguy
    , contributor
    Comments (1166) | Send Message
     
    I'm long AAPL and have been for a long time, but who's kidding whom here? Workers in China cost $1 an hour, give or take, and work 12-14 hours a day. The baloney that comes out of the mouths of corporate executives is laughable at times.
    24 Jan 2012, 07:39 AM Reply Like
  • DubyaT
    , contributor
    Comments (42) | Send Message
     
    Yeah, it's because of China's laissez faire pro-market economy, not an incredibly subsidized and controlled market economy and currency peg!!!
    24 Jan 2012, 10:24 AM Reply Like
  • dividend_growth
    , contributor
    Comments (2896) | Send Message
     
    I should remind those whiners that most profits go to Apple shareholders who are overwhelmingly Americans. The fact that Apple can squeeze those suppliers like that shows you where the balance of power stands.
    24 Jan 2012, 11:28 AM Reply Like
  • Bob Sutton
    , contributor
    Comments (72) | Send Message
     
    The NYT report says that the difference in labor costs would add just $60 to the price of an iPhone if workers earning prevailing US pay rates assembled them. But the article makes clear that you can't readily replace supply chain efficiencies that Asian plants provide and that those are the biggest factors in electronics assembly for Apple or anybody else who wants to be competitive. What difference does it make if hiring IBEW workers costs another $60 at retail but production capacity drops by two-thirds while you wait for parts?
    24 Jan 2012, 11:55 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    "The NYT report says that the difference in labor costs would add just $60 to the price of an iPhone if workers earning prevailing US pay rates assembled them."

     

    Then the article is wrong, because 1 hr of work by a Chinese worker is about 4 hrs of work for an American. Asian's actually want to work. One has to include all of the non-direct hours spent in engineering, procurement, QA, etc. There is no way it would only results in an increase of $60. That's just some reporter trying to justify their socialists destructive worldview.
    24 Jan 2012, 04:54 PM Reply Like
  • Bob Sutton
    , contributor
    Comments (72) | Send Message
     
    I agree about the biased narrative in the NYT account and even wonder if the story wasn't timed to provide front-running for the President's address. Nevertheless, the more relevant facts behind Asia's electronics success were hard to miss: supply-chain efficiency and scale, flexible workers, and an ample and growing supply of engineering talent. "Shovel Ready" giveaways to American community colleges, tax incentives for manufacturing startups, and restrictive import policies won't replace the head start displayed in Shenzhen. That work is no longer ours to win back.
    25 Jan 2012, 10:47 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    "That work is no longer ours to win back."

     

    There is no doubt that we could win the work back. Everyone that does this type of work would prefer working in the US. The problem is the politicians, as they would need to tell a bunch of rich spoiled environmentalist brats to take a hike. That ain't going to happen anytime soon because without their money one party has not got a chance.
    30 Jan 2012, 08:26 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs