Apple, globalization, iEconomy and manufacturing outside the United States
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 Steve Jobs of Apple spoke, President Obama interrupted with an inquiry of his own: what would it take to make iPhones in the United States? Apple once was proud of making its products in America. Today, few are. In 2011, the 70m iPhones, 30m iPads and 59m other products Apple sold were manufactured overseas. Why can’t that work come home? Obama asked.
-----To continue reading, subscribe to our premium service-----