From Andy Lin and Vlad Savov's "Chinese Smartphone Exports to US Plunge to Lowest Since 2011" posted Tuesday by Bloomberg.
"We maintain our OUTPERFORM and $270 PT reflecting incremental confidence in the India and China iPhone supply chain situation."
Read More Daniel Ives: Apple bulls need to look past the next 3 months
"Now I hear you're building all over India. I don't want you building in India."
Read More 'I had a little problem with Tim Cook yesterday' (video)
"The increase in shipments in March and early April will help insulate Apple from potential immediate pricing impacts in the U.S. through mid-to-late summer." Counterpoint analyst Gerrit Schneemann
"How they navigate the next 10 years is likely keeping Cook up at night."
Read More Gene Munster: A 20% tariff could reduce Apple's margins by 2 points
"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'
A place for Apple traders and investors to share their best ideas.
Read More This week's Apple trading strategies (4/21-4/25/25)
"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
3 Comments