Quote:
Originally Posted by Solicitous
Well it depends where the OP got his information from (no sources so hard to agree with him). I can see $11 being the cost of labour in the manufacturing process. If taking the OPs numbers for fact, the average worker in the factory earns 200 per month, say 10 hours a day at heck, 7 days a week. Total 280 hours for the month (70 hours * 4 weeks). At a rate of 200pm/280 hours comes to 70c roughly per hour. That means the $11 iPad manufacturing labor cost at 70c per hour works out at roughly 15 hours of human contact in the process.
But if $11 is claimed to be the entire cost....pfffft is all I can say.
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This calculation is, of course, totally wrong. $11 is the labor cost that goes into the product from Foxconn's side. What about the labor that is needed to make the components?