phone, but itp my fu will say made in china. the value of that ponchos up-in accounting. the actual value embodied in the fan, the vast majority is produced in the united states. we missed the fact that china's efforts to lift itself out of the final assembly point and a rise in the value chain is upsetting the talents for american companies but it is upsetting the entire value chain of the region. what will be interesting is to see how things play out we seem to be getting back into trade agreements in asia. it may have an application for apple as it thinks about what it does next as force components and final assembly. >> let's turn to the audience for questions. please raise your hand and identify yourself. i will start in the back and come toward you. >> how could president obama be able to double exports by 2015? his policy runs against this initiative. sold arms to india. they are rushing offshore production to there. more offshore production means more exports and more employment. the war has changed things. i think we should turn offshore production, multinational