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Dylan Lewis: Evan, Ive seen estimates that roughly 90% of the iPhones come from outside the U.S., you think thats about right? Evan Niu: Yeah it sounds about right. I know its a lot, very little of it comes from inside the U.S. these days. They have other products that are made here like the Mac Pro, but as far as the iPhone goes its mostly abroad yeah. Lewis: I dont know how much that really is different than the component breakdown in the past, maybe in the early 90s, mid 90s for standard consumer tech stuff, but one of the major changes that Apple underwent really with Tim Cook, was this idea of changing from having their own in-house manufacturing, their own in-house warehouses company owned, to moving to this contract manufacturing type relationship. Niu: Yeah they did that I think in the late 90s or so. They used to make Macs in the U.S. in California. They just realized that it was way too expensive in-house. A lot of it is also the engineering and manufacturing quality