> for every dollar you spend on an iPhone, about two pennies go to the factories in China that assembled it. The vast majority of that revenue comes right back

> for every dollar you spend on an iPhone, about two pennies go to the factories in China that assembled it. The vast majority of that revenue comes right back to the United States If you're in the US and you buy an iPhone, the money does not sit in a foreign "tax-exempt" bank account.