Comment on Majority of Australians think China will be world’s most powerful country by 2035, poll finds
hark@lemmy.world 4 days agoWe wouldn’t have semi-affordable (depending on your situation) iPhones otherwise. They be impossible to build at scale. Really eye opening.
Yes we would, they’d just have to lower their ridiculously high profit margins: cnbc.com/…/apples-gross-margin-hits-record-as-ser…
For many years in the iPhone era, Apple’s gross margin would predictably come in at between 38% and 39%, reflecting the company’s tight grip over its supply chain and its pricing power in the market.
some_guy@lemmy.sdf.org 4 days ago
Apple’s huge profit margins are only possible because of the scale of their operations in China. They’re moving to India and Vietnam. It remains to be seen how that will work out. China has been building expertise in manufacturing for decades. My statement stands.