I'm putting the 'your' in quotes here because it seems that Apple thinks it still owns it as well, even though they give you the thing and give you a bill of sale.
Your comparison with the iPhone, which is almost 10 times the price, is completely invalid. And your little slur on "China design" is also wrong. Countries don't design things, companies do. And it's not like America has any kind of reputation for good design besides the output of a single company - which is arguably largely due to the effort of a single man!
I doubt that. I'm taking it that you refer to Steve Jobs here, and while he has a ton of influence there are a lot more people making a lot of effort than just him.
Steve Jobs by himself would - just like any other human being - have a hard time designing a functioning and well packaged toaster from scratch.
There are a lot of people involved in product development at Apple, any item they release is the product of the efforts of a very large team.
For the rest of it I completely agree with your comment.
Thanks for the reminder, though.
Now this company may be better, but chances are this computer has poorer build quality.
Build quality is something you can only establish by looking at the product and preferably disassembling it. Even then you still have to remember it's a statistics game, something may look excellent and yet it could fail miserably and in large numbers over a longer period of time.
As a bonus, the cheaper products like this, being made with generic parts, are often more hackable/upgradeable than the more expensive branded models where features are locked down to ensure market segmentation.