Firstly, he's alluded to lack of manufacturing skill many times. After all, imagine how difficult it would be to teach American's skills. This argument holds no

Firstly, he's alluded to lack of manufacturing skill many times. After all, imagine how difficult it would be to teach American's skills. This argument holds no water in my opinion. Just say it's because of profit margins. Anything else is absurd. Secondly, a $100 million investment in manufacturing is not a small number. Unless you are Apple. Let's assume a wildly low profit margin on the average iPhone of $250. Apple would have to sell 400,000 iPhones to cover that investment with pure profit. In 2017, Apple sold 216,760,000 iPhones.