iPhones May Not Be Made In US, Hints Apple Executive
Speculations have been rife that Apple could be manufacturing the iPhones in the U.S. and President Trump has been vocal about how he wants the company to shift its production process into the country.
The President repeatedly urged the company during his campaign, to consider manufacturing iPhones in the U.S. instead of China.
However, even though previous reports have hinted that the Cupertino-based company has been considering the possibility of producing its smartphones in the U.S., an Apple executive has hinted that the iPhone may not be made on home ground after all.
At a conference for Goldman Sachs on Feb. 14, Luca Maestri - the company's CFO - was quizzed on his thoughts on continued criticism Apple was facing from the Trump administration with regard to its manufacturing units in China.
"One of the points that we are making in Washington is the fact that we have been a very large contributor to the US economy during the last decade. We made billions of investments in the United States. In the last 10 years, we created about 2 million jobs in this country - in the developer community, in our retail stores, in our call centers, and through the supplier chain", shared Maestri.
iPhone Manufacturing In The U.S: A Distant Dream?
Even though Maestri did not confirm whether the company would begin producing the iPhone in the U.S., his answer implies that Apple will not be closing its manufacturing units in China any time soon.
By highlighting the fact that Apple had created plenty of job opportunities in the last decade in the U.S. and was making investments in the country, the CFO is trying to hit home that the company was committed to developing jobs on home ground.
Even as Apple looks to Asian markets such as China and India for manufacturing its iPhone, a move likely fueled by cheaper labor and cost effectiveness, Maestri did not dismiss the notion that the company could manufacture the smartphone in the U.S.
"It's very, very difficult to speculate at this point," the CFO noted.
Maestri also shared that the new administration was yet to implement any measures that would inspire companies in the U.S. to shift production units from overseas to the country.
His remarks hint that Apple is not in favor of shifting its factories to the U.S. as not only would this be a tough task, but also lead to the company incurring unwarranted expenses.
Even as Apple looks to the east for the production of its iPhones, perhaps the possibility of the company shifting its manufacturing plants from China to the U.S. may not be a distant dream.
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