Websites hosting major US climate reports taken down

Here's my estimate, taken mostly from figures from Apple's 2024 annual report (as reported by Gemini Flash).

Apple's total worldwide revenue for fiscal year 2024 was $391.035 billion. The Americas Segment (which includes the US) represented $167.05 billion of that, leaving $224 billion for the rest of the world.

Apple reports that their cost of goods sold was $210.352 billion, leaving 180.68 billion as so-called "gross profit". The majority of this gross profit will be used to pay salaries and other expenses (e.g., office space) of having employees, most of which goes to Americans. (Most of the rest will be "retained earnings", which means it either goes back to investors or is used to try to generate new streams of revenue.)

But only some of that gross profit will come from exports. Let's assume that exports are as profitable (per unit of revenue) as US sales are, which seems reasonable to me because competition (mostly from Android) would be the main thing keeping gross profit low, and Android is a major competitive force in the US market, so estimated gross profit derived from sales to the rest of the world would be 180.68 * (224 / 391.035) == $103.5 billion. That is revenue from all products and services, and Apple reports that revenue from the iPhone is 0.5145 of all revenue (worldwide) or about $53 billion per year flowing from the rest of the world to Apple (and to governments in the US in the form of taxes).

To be clear, that's assuming that zero of the hardware (more precisely, zero of what accountants call the "variable cost") that goes into an iPhone is bought from US suppliers (which seems a reasonable assumption to me).

Your argument is that Apple exports are 3% of exports then? Did I understand correctly?

"Exports" is hiding a lot of complexity here. Some export statistics might add the entire price of an iPhone to the export figure for China because that is where the final assembly is done even though (like my previous comment shows) about half of the money from that sale ends up in the hands of Apple's investors, US-based employees of Apple and such US-based suppliers as the companies that built Apple's headquarters and the companies that supply Apple's offices and data centers with electricity.

If we go away back the argument was that the US has no real exports. You've been arguing that phones are an export, but you admit those are built by other countries. It seems fair that the country that makes a phone and then exports it would be given credit for that in the statistics.

I'm not sure what the point of this thread is anymore, so I'll stop here.

So it is immaterial to you that Foxconn gets about $5 per iPhone sold and Apple get about $500?