The vast majority of profits go to Apple in the US, so I’m not sure why everyone is so focused on China. I believe we’ve previously seen research that of a $70

The vast majority of profits go to Apple in the US, so I’m not sure why everyone is so focused on China. I believe we’ve previously seen research that of a $700 iphone, only $30-40 goes to China. Edit: Here’s the link https://theconversation.com/we-estimate-china-only-makes-8-46-from-an-iphone-and-thats-why-trumps-trade-war-is-futile-99258 https://theconversation.com/we-estimate-china-only-makes-8-4... I was wrong. They estimated only about $8 of the $240 manufacturing cost of an iPhone goes to China. Edit x2: I remember why I misremembered the number. I had taken a worst case scenario and assumed that the entire unidentified $21 went to China. It then adds up to $30.