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'
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.
"As we've had more time to think about potential mitigation efforts, a new train of thought has emerged." — Morgan Stanley analyst Erik Woodring
Read More How Apple could squeak by without raising iPhone prices
"The reserves shipped at lower duty rates will insulate Apple’s U.S. operations for several months."
Read More Apple airlifts iPhones out of India to beat the tariffs
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