Patrick McGee

And you sort of have like a Chinese firewall iPhone becoming, you know, this is what I find so interesting.

And you sort of have like a Chinese firewall iPhone becoming, you know, this is what I find so interesting.

Yes. It's so much worse than that. Come on! Talk to me. So much worse than that, really? Okay, the reason it's worse than that, because they're not just creating phones. What else can you do if you've got world-leading electronic skills? First of all, what's an EV? It's a smartphone on wheels. So the reason why EVs in China are so damn good

Yes. It's so much worse than that. Come on! Talk to me. So much worse than that, really? Okay, the reason it's worse than that, because they're not just creating phones. What else can you do if you've got world-leading electronic skills? First of all, what's an EV? It's a smartphone on wheels. So the reason why EVs in China are so damn good

is that Apple taught all their suppliers, and the suppliers of phones, like Huawei and Xiaomi, became EVs.

is that Apple taught all their suppliers, and the suppliers of phones, like Huawei and Xiaomi, became EVs.

What else can you build? Drones? Military weaponry? Right? So you're sort of facilitating the potential annexation of Taiwan by giving out these skill sets for the last quarter century.

What else can you build? Drones? Military weaponry? Right? So you're sort of facilitating the potential annexation of Taiwan by giving out these skill sets for the last quarter century.

So I'm so glad you mentioned this. It's such ludicrous nonsense, OK? It has to be. The press release that says that we're going to spend $500 billion in the U.S. literally says, and we'll create 20,000 jobs. Like, how bad would a government program be if it spent $500 billion and all it got was 20,000 jobs? Right. Right. It makes no sense. If it were true...

So I'm so glad you mentioned this. It's such ludicrous nonsense, OK? It has to be. The press release that says that we're going to spend $500 billion in the U.S. literally says, and we'll create 20,000 jobs. Like, how bad would a government program be if it spent $500 billion and all it got was 20,000 jobs? Right. Right. It makes no sense. If it were true...

If it were true, then you would have factories springing up in every state you could think of with jobs for engineers here, there, and everywhere. This is only my educated guess, but I can't think of how the math adds up anywhere else. They are counting in the $500 billion share buybacks and dividends. Because Apple spends more than $100 billion a year on share buybacks.

If it were true, then you would have factories springing up in every state you could think of with jobs for engineers here, there, and everywhere. This is only my educated guess, but I can't think of how the math adds up anywhere else. They are counting in the $500 billion share buybacks and dividends. Because Apple spends more than $100 billion a year on share buybacks.

70% of their investors are in America. Ipso facto, that's kind of an investment in America, right? So that's the only way that the math works for me.

70% of their investors are in America. Ipso facto, that's kind of an investment in America, right? So that's the only way that the math works for me.

What is happening? So China has things we'll never compete with, like density of population. Yes. And the way that the rural population sort of is actually not allowed to raise their children in places like Shenzhen. So they have to be floating around.

What is happening? So China has things we'll never compete with, like density of population. Yes. And the way that the rural population sort of is actually not allowed to raise their children in places like Shenzhen. So they have to be floating around.

So like I'm a big fan of friend shoring rather than reshoring. Right. We should be doing what we did in China, but with allied nations like India, like Mexico. But it's probably not going to happen in Pittsburgh.

So like I'm a big fan of friend shoring rather than reshoring. Right. We should be doing what we did in China, but with allied nations like India, like Mexico. But it's probably not going to happen in Pittsburgh.

Oh, absolutely. I'm convinced. The only thing I would say is that that really happened in the 80s and 90s. Yes. And Apple was the last holdout that did not do that.

Oh, absolutely. I'm convinced. The only thing I would say is that that really happened in the 80s and 90s. Yes. And Apple was the last holdout that did not do that.