"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
Why India may not come through for Apple
8 months ago
8 months agoA 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
India now makes 20% of Apple's iPhones
8 months ago
8 months ago"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?
Report: Apple's iPhone airlift reaches 600 tons
8 months ago
8 months agoApple "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
Why Indian iPhones will cost less than Chinese
9 months ago
9 months agoIn a downside scenario, where the recently announced tariffs remain in force for an extended period of time, we believe further negative EPS revisions could drive tech another leg down.
The tariff on Chinese goods could add about $300 to the current $550 hardware cost to Apple of an iPhone 16 Pro that currently retails for $1,100, according to TechInsights.
Read More WSJ: Apple to make iPhones in India to dodge Trump's China tariffs
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