iPhones are not cheap. Like almost all Apple products, they are expensive compared to comparable competing products. Several studies have shown that iPhones c

iPhones are not cheap. Like almost all Apple products, they are expensive compared to comparable competing products. Several studies have shown that iPhones cost 2-3 times the cost of the components from which they are assembled. Apple claims huge profits and over $200 billion stashed overseas to avoid US taxes. https://www.macrumors.com/2015/09/30/iphone-6s-plus-component-costs/ https://www.macrumors.com/2015/09/30/iphone-6s-plus-componen... Apple reported an astonishing $2,136,273 in revenues per employee in 2015. http://www.businessinsider.com/revenue-per-employee-at-apple-facebook-google-others-2016-2 http://www.businessinsider.com/revenue-per-employee-at-apple... Apple contracts a lot of work out to H1-Bs through firms like Wipro. This may well result in larger profits for Apple, but it certainly does not translate to cheaper products for Americans or jobs for Americans.