Apple CEO Tim Cook will move iPhone production back to the U.S. because he sees it as the right thing to do, the president-elect said in an interview with Axios.

The reality: With the exception of some computers made in the U.S. and Ireland, nearly all of Apple's hardware products are made by outsourcing partners in Asia. Apple reportedly asked its Chinese suppliers what it would take to relocate production of the iPhone stateside, but cost is the biggest barrier. Apple has also long said that it has better access to skilled workers in China. And building the iPhone here would lead to higher prices for consumers.

De ja vu: Trump isn't the first president to ask Apple to bring jobs back to American soil. When President Obama asked how it could be done back in 2010, Apple's late CEO Steve Jobs said bluntly, "Those jobs aren't coming back."