The cost to manufacture the iPhone is around $190 and final assembly is only 5-7% of that. Apple gets $600 for them. Apple's genius designers and engineers are creating the lion's share of economic value, not factory workers.
And having been to many OEM factories in southern China and Taiwan, you have to put their labor in context - workers pour in to work and are making several times more money than their parents did - the generational difference is massive. Imagine making 10x more than your parents. They have job fairs with hundreds of thousands of people wanting to work, its not forced. There is a wide spread air of excitement and opportunity all over south east Asia.
Apple tapping these eager to work people gives them more capital to reinvest in the 1000x more valuable jobs in Cupertino, this in turn employs a lot more people and business in America.
And having been to many OEM factories in southern China and Taiwan, you have to put their labor in context - workers pour in to work and are making several times more money than their parents did - the generational difference is massive. Imagine making 10x more than your parents. They have job fairs with hundreds of thousands of people wanting to work, its not forced. There is a wide spread air of excitement and opportunity all over south east Asia.
Apple tapping these eager to work people gives them more capital to reinvest in the 1000x more valuable jobs in Cupertino, this in turn employs a lot more people and business in America.