"You have this tremendous menu of problems created by tariffs and moving to India doesn't solve all the problems."
Read More Craig Moffett: 'Street's biggest Apple bear' begs to differ
"You have this tremendous menu of problems created by tariffs and moving to India doesn't solve all the problems."
Read More Craig Moffett: 'Street's biggest Apple bear' begs to differ
The majority of Apple’s iPhones are currently made in China, but Chinese-made products have become a toxic asset for US import.
Read More Assembling iPhones is not the same as making iPhones
The goal means Apple would roughly double its annual iPhone output in India to more than 80 million units.
Read More Next year, nearly all American iPhones will say 'Made in India'
"Even if tariffs extend beyond China, we do not think Apple will produce the iPhone in the US." — Analyst Amit Daryanani
Read More Evercore: Deep dive into Apple's new tariff regime
A person who works closely with Apple’s suppliers, who was not authorized to discuss their plans publicly, said the suppliers were hoping to ramp up production so India could make 30 percent of the world’s iPhones.
From "BT Exclusive: iPhone manufacturer Foxconn plans new facility in Greater Noida, to create 40,000 jobs" posted Monday by Business Today.
Read More iPhone maker Foxconn building huge new factory in Northern India
"In 2022, Bloomberg Intelligence estimated it would take eight years to move just 10% of Apple’s production capacity out of China."
"Boston is over 500,000 people. The whole city would need to stop everything and start assembling iPhones."
Read More Mark Gurman: Where in the U.S. could Apple build an iPhone city?
Apple "wanted to beat the tariff," said one of the sources familiar with the planning.
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