Apple iPhone production: Wall Street bull Dan Ives said that in the United States, Apple iPhone production is not feasible. Tim Cook instead increases India’s production by 60%
Apple may transfer 60% of iPhone production to India
Wedbush analyst Dan Ives expects the tech giant to increase its iPhone production in India to 60% to 65% this fall, depending on the performance of ongoing tariff negotiations.
Analysts say U.S. production is not an option
In the X (formerly Twitter) post, he stressed that iPhone manufacturers may significantly increase their iPhone components in India in the best case scenario, but he also mentioned that Apple could revert to a Chinese-driven iPhone strategy based on tariff conditions and deal negotiations, as Benzinga said. However, he stressed that according to his X post, “production of the US iPhone is not feasible.” Also, read: Joe Biden’s Doctor Under Microscope: Dr. Kevin O’Connor has a Tough Question under the Influence of Former President’s Cancer News, Did he not have a diagnosis earlier?
Donald Trump opposes Apple’s India expansion
Ives recently expressed disapproval of Apple’s manufacturing expansion in India on Trump’s recent statements from Apple’s CEO Tim Cook said: “I don’t want you to build India in India,” Benzinga reported.
Apple assured the Indian government
But Apple is said to have assured the Indian government of its commitment to a partnership with India as a major manufacturing hub even after Trump rejected the company’s strategy. Bensinga government insiders also pointed out that the tech giant’s investment plans in India have not been “unchanged”, the report said.
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Apple stocks respond to trade developments
Meanwhile, Apple’s stock has recently risen after trade negotiations between the United States and China, as the company depends primarily on the supply chain that makes iPhones with China-centric supply chains, such as Apple’s stock has increased by 6.26% over the past five days, but Apple’s stock has fallen by 13.29% year after year, according to Benzinga Pro.
FAQ
Is Apple leaving China?
Not exactly. It may still depend on how tariffs and negotiations are in place in China.
Why should Apple consider transferring iPhone production to India?
Reduce risks. Apple hopes to avoid relying too much on China, especially in the rise in tariffs and political tensions.
