According to a report by a pair of economists out of the Asian Development Bank Institute, the success of Apple's iPhone plays a major role in contributing to the USA's trade deficit with China. The Wall Street Journal (login required) explains that while sales of the iPhone show around a $2 billion trade surplus with China on paper as of 2009, the actual figure is a lot less because the iPhone is only assembled in China, not designed there. While the wholesale price of an iPhone is $178.96, the value of the only truly "Chinese" part is assembly, valued at $6.50 per unit. But because the iPhone ships from inside China, the entire value gets added into the trade
