How much would an American-manufactured iPhone 5 cost?

The labor required to manufacture a single iPhone 5 costs Apple about $5, according to an article on Marketplace.org. In addition to the reduced cost of labor in China, the United States isn’t as efficiently optimized for manufacturing electronics as industrial districts in cities like Shenzhen, China, according to the article. The iPhone’s components today cost about $190, but if manufactured in the United States, the cost would be about $600.