Originally Posted by camroidv27
I've never liked Jobs, even when I was an Apple fan. But I do respect the fact that he has definitely changed the computer arena. But I think too many people place too much on this one man. Remember, he runs a company and surrounds himself with plenty of competent employees..
I disagree with you because Apple had some great employees before Jobs returned, but the company was a mess, it had competing and confusing product lines and it couldn't get a next-generation OS built. Critics thought Apple would go under. So it's not enough to have great employees, you also have to have great leadership and in spite of all his quirks and the associated ego, Jobs provides great leadership.
Now, if Apple could show companies how to bring jobs back to the US... then I'll be happier with Jobs himself. Till then, forget it, mainly because I know they can afford to do so.
If he did this, I would certainly consider him to be the greatest exec of all time. And if Apple did do this, perhaps it would set a "fashion" that would encourage other companies to do the same. But unfortunately, it's never going to happen. Apple is already considered to have over-priced products and in spite of their large margins and large cash hoard, if they returned manufacturing to the U.S., the margins would drop and the stock price would fall drastically.
I think Jobs would maintain that Apple does create a lot of U.S.-based jobs, just not manufacturing jobs.
Unfortunately, Americans have been trained to expect ridiculously low prices on most products. The fact that someone can produce a DVD player, for example, and sell it here for $49 with the designers, manufacturer, distributor and retailer all making some profit is absolutely astonishing. Blu-ray players have gone from $2000 to $200 in just a few years, but you still hear people complaining that they need to be priced under $100. Apple generally has high-priced products, but I don't believe they would be willing to either raise prices or substantially drop margins in order to manufacture in the U.S. (and even though in the early days of Apple, the computers were manufactured in California.)
You can't build something in the U.S. and price it at retail that low, so we're not going to see manufacturing return here. I had some hopes when the U.S. dollar crashed against the Euro and Pound that European companies might start manufacturing in the U.S., but it didn't happen.
Eventually, China and India will build enough of a middle class that manufacturing will become too expensive even there. But it still won't move back to the U.S. - it will move to other third world countries. Part of this is because large companies, especially public companies care only about profits. They don't care about their workers or their communities. This is because U.S. CEOs have a fiduciary responsiblity only to their shareholders. Personally, I've always thought that even in a capitalist system, this is wrong (immoral and unethical): they should have a balanced fiduciary responsibility to the shareholders, employees and customers.