Well because the workers have to assemble the phone piece by piece. They even have to etch the apple with the bite. They put together that tiny *** camera.
Apple Chinese Factory Foxconn Nightline - YouTube
I think this was the video.
Interesting video, indeed. It does make me think... Apple could easily afford to double the wages. Let's do some math...
$1.78/hour doubled to $3.56/hour... heck even just $3.00/hour would be a huge advantage to the workers, based on the conditions described.
So let's just say $3.00/hour for a moment... for 70,000 workers. I forget the number they said were actually employed for Apple, and I'm not watching the whole video again to confirm, so I'm picking a ridiculous large number.
$3/hour * 70,000/people
That's $210,000/hour...
$210,000/hour * 24-hours/day * 7-days/week * 52-weeks/year
That's $1,834,560,000/year with the assumption they have a full 70,000 working 24 hours/day. Wait, the video said they work 12 hour shifts. So let's fix that number based on 12 hour shifts instead of 24 (in other words, it's likely to have 35,000 people per 12-hour shift)... $917,280,000/year (the only number that has to change above is 24 becomes 12, since same people total just less hours).
Would it impact their bottom line? Sure, even with 24-hour figures, $1.8 billion is no chump change, but it's a move that would certainly wow customers and investors alike. And $917.2 million? Well, that's a small price to pay for a LOT of good will.