$6.83 Billion: What iPhone Sales Added To The U.S.-China Trade Deficit In 2011

We had spotted multiple apple stats and iphone stats in the past. We spotted this today:

"According to research from Kenneth L. Kraemer of the University of California, Irvine, Greg Linden of University of California, Berkeley, and Jason Dedrick of Syracuse University, each iPhone sold in the U.S. adds $229 to the U.S.-China deficit. Based on 2011 cellphone activations from AT&T, Verizon and Sprint, Apple sold around 30 million iPhones in the U.S. last year — accounting for about $6.83 billion of the U.S.’s $282 billion 2011 trade deficit with China."

Statistics Source: WSJ