JP234
While having more demand than supply may on the face of it seem like a good problem to have, it's really just as bad as having more supply than demand. Both restrict cash flow and earnings for a corporation. Both Imbalances require intervention, and are equally difficult to rebalance.
That said, Apple Inc. is just one of myriad global companies that have outsourced their manufacturing processes to unpredictable and outright enemy countries, where governments, not industry, regulate their operations. Tariffs, retaliatory tariffs, Black Swan events (COVID-19 for instance) and those countries' reaction to them, blackmail, are just a fraction of the difficulties encountered in the search for the cheapest labor pools, rather than looking at the big picture: employing the customers who buy the products, rather than subsistence level workers, indentured workers, political prisoners and peons (It's hard to make slaves take pride in their work).
Sure, bringing manufacturing home would cost more in the short term (improvements in quality control processes would eliminate that disparity). But there wouldn't be the constant seesaw cycles of boom and bust that deprive Americans of long-term employment, and companies that are as loyal to their workers as the workers are to them. Steady employment, like America had in the 1950's provided a stable econmy without those disruptions. Americans were not able to afford as many things are we have now, but were they less happy, satisfied or fulfilled than you are now? I'd argue the opposite. Predictability is underrated.
