Oh, lookie here, if Apple moved iPhone production to US, they would have to pay double wages, even in the cheapest states:
“To keep things simple, let’s just look at the wages of workers tasked with assembling an iPhone. A worker at Chinese manufacturing giant Foxconn gets paid roughly $400 a month before overtime, according to the New York Times.
Now assume Apple goes the economic route and places a manufacturing plant in Wyoming or Georgia, which happen to have the country’s lowest minimum wage at $5.15 an hour. Working eight hours a day, five days a week, a US worker would make $824 a month, or more than double the Chinese worker.”
....
‘”Twice as much is conservative,” Carolina Milanesi, an analyst at Kantar Worldpanel, said about the price hike of an iPhone if it were manufactured in the US.’
http://www.freerepublic.com/focus/f-news/3386025/posts
Where did you go to business school? You have to look at the man hour per phone. Forget where it is made. If it takes one man hour to build then set a price for that ONE man hour.