Apple’s iPhone Cost Could Rise 90% If It’s Made in US, BofA Says
A worker sells Apple iPhones at Apple's store in New York.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
It’s possible for Apple Inc. to move iPhone production to America, but it would almost double the cost of making the device while creating logistical headaches, according to Bank of America.
“iPhone cost can increase 25% purely on higher labor cost in the US,” BofA analysts led by Wamsi Mohan wrote in a note to clients on Wednesday.