Final answer:
The claim that Apple earns more from selling computers than smart devices is false, as the iPhone is Apple's top revenue source. Apple's relationship with Samsung, who supplies about 26% of the iPhone's component costs, shows a complex but beneficial trade partnership in the electronics industry.
Step-by-step explanation:
The statement that Apple makes more money selling computers than it does on smart devices is false. Apple's financial reports consistently show that the iPhone is its biggest revenue generator by a considerable margin. In fact, iPhones, along with other smart devices like iPads and iPods, make up a significant portion of Apple's revenue.
This is supported by the global nature of the iPhone as a product, with a complex international trade and supply chain where companies like Samsung supply critical components, despite being a competitor.
Apple and Samsung represent a fascinating case of international trade where competitors collaborate. Samsung supplies about 26% of the component costs for iPhones, making it a crucial supplier for Apple. This allows Apple to focus on its core strengths, like product design, while Samsung focuses on manufacturing high-quality components, exemplifying a mutually beneficial trade relationship.