It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Apple, which makes the iPhone, profits handsomely, partially because of the cheap labor used to assemble the iPhone. Last year, Apple recorded a gross profit margin of 64 percent on the phone that retails for $178.
The iPhone, made by one of America’s most iconic companies but assembled in China, added $1.9 billion to the U.S. trade deficit last year, according to a new report.