Amazon has made history as the first public company ever to lose $1 trillion in market value, as the tech selloff worsens

[Dafunkdoc_Unlimited]

The start up cost for factories is high and labour would cost more in America, so no.

How great would the return on the investment be (if any), and how long would it take, if we did anyway?

Thanks for answering.​

 

[Reality]

Nice. What is your background.

Economics breh. No better way to understand the world around you than economics. CREAM.

 

[Umoja]

How great would the return on the investment be (if any), and how long would it take, if we did anyway?

Thanks for answering.​

I do not know and I don't think it is a question of "how great would the return on investment be".

Building the factories is just one factor to consider. You have to consider how much profit per phone they would make when the cost of labour goes from $2.50 an hour to $15 an hour.

 

[Dafunkdoc_Unlimited]

I do not know and I don't think it is a question of "how great would the return on investment be".

Building the factories is just one factor to consider. You have to consider how much profit per phone they would make when the cost of labour goes from $2.50 an hour to $15 an hour.

Did a little searching and found this. Don't know how accurate it is, but.....

How much does it cost to manufacture an iPhone?

An iPhone generates approximately $650 in revenue for Apple. This figure has remained fairly steady over time. Using deduction from overall margins, it’s possible to estimate the gross margin…

www.asymco.com

It seems that on iPhones, the gross margin is approximately 55%. Labor costs represent about 2-5%.

As far as building facilities goes, a lot of money can be saved retrofitting existing structures rather than brand new construction.

Gonna keep looking around. For some strange reason I think bringing more manufacturing inside our borders is a key ingredient to 'rescuing' this country......but I'm ignorant to the 'ins-and-outs'.

Probably should check the Wall Street Journal.

Thanks, again.​

 

[DEANBIGBROTHERALLMIGHTY18]

I

Economics breh. No better way to understand the world around you than economics. CREAM.

Do you work in the field? I have an finance and accounting degree

 

[Slow Moving]

Amazon has pe ratio of 80 anybody thinking they're getting deal is gonna be bag holding the little spikes u see here and now is called bear market rally

 

[itsyoung!!]

Forgive my ignorance of the whole economic mess we're in, but couldn't a lot of these issues be resolved by increasing manufacturing capability within the US rather than outsourcing it as much as we do now?​

Im personally not a fan of corporations outsourcing jobs for any kind of job. I mean look at Nike on this holier than thou attitude on kyrie situation while they been using 7 year old kids to make shoes for pennies an hour. But besides ethical reasons having these jobs here would create hundreds of thousands, if not millions of jobs here.

But would that fix the inherent issue of whats going on right now? Inflation sucks but lets be honest, shyt here was way over priced, mainly land/real estate since 2014. Long before this. Interest rates going up sucks, but lets be honest the real issue is houses that should be 200k are 500k. Houses that are 800-900k should be 400k, etc. missing affordable housing and land (retail or housing) has killed everything financially in this country.

Every job (and employee) is just trying to catch up to something thats so crazy over priced its created what we have now.

Apartments have doubled and tripled or even
More for rent (due to housing) compared to just a decade ago. Thats insane when you think about it. Which means higher need for higher salaries. Which means expansion. Which means more land costs for companies. Which means more offices need to be filled. Just a never ending cycle.

I truly dont know a fix.

 

[the bossman]

Left behind by who? Remote work is there to stay for several people. The company I worked got rid of all its buildings. We are not going back.

Some people don't get this. It's a lot of companies not renewing their office leases and selling their commercial real estate. WFH is here to stay

 

[Conan]

We are not going back, breh

They hate wfh brehs so much

 

[King Sun]

Some breh on here tried to say AWS was going to offset this. Got to remember the more layoffs and corporate buyoffs the more canceled contracts with AWS going to start piling up.

 

[The Intergalactic Koala]

We are not going back, breh

My mans said this shyt with a double barrel next to the laptop , WFH brehs treating gigs like the Underground Railroad

 

[Stir Fry]

Poor lil tink tink

 

[King Eros]

It's just a little CORRECTION.

With the Fed raising rates trying to minimize the inflationary effect of all the TRILLIONS in money printing the past few years, it had to happen.

Like others have said, blue chips are on sale and it's a pretty good time to buy and HODL/HOLD.

 

[Afro]

Which means more land costs for companies. Which means more offices need to be filled. Just a never ending cycle.

Commercial real estate is in a tailspin right now.
My company execs are freaking out because too many companies are canceling their office leases at once

The plan might be to turn those offices into apartments to recoup the loses

 

[UpAndComing]

Seems like a Corporate Restructuring play