2min chapter

Behind the Money cover image

Why Apple can’t leave China

Behind the Money

CHAPTER

The Golden Arches Theory of Diplomacy

In the early 2000s, Washington has a big role to play and why electronics outsourcing becomes a big deal in Asia. So Steve Jobs pretty much for good has to put aside his wishes about manufacturing products in the US. And so Apple, in a partnership with Foxconn, starts making iMacs in China. Where do Guo and Cook work together to build it at scale? And what happens is Apple revenues shoot up by 30%.

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