> The problem is big public companies live quarter to quarter. I think that's a bit of a myth. Apple should (and probably does) have the longterm view on this,

> The problem is big public companies live quarter to quarter. I think that's a bit of a myth. Apple should (and probably does) have the longterm view on this, I'd hope. And I'm pretty sure proper accounting would present the requisite massive investments in a light that shareholders do not disapprove of. > I'm pretty sure that with a large enough investment Apple could make phones in the US for cheaper than they do in China (including the entire supply chain). That I am not so sure. The infrastructure and resources available in China are tremendous.