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The iPhone Economy
Posted By Barry Ritholtz On January 22, 2012 @ 7:32 am In Employment,Video | Comments Disabled
Apple’s iPhone is a model of American ingenuity, but most of its components are manufactured somewhere else. The decline of manufacturing led to the loss of other kinds of jobs.
See also How U.S. Lost Out on iPhone Work [1]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2012/01/the-iphone-economy/
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[1] How U.S. Lost Out on iPhone Work: http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?_r=1&pagewanted=all
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