
CosmicTaco
11moApple Races Against Tariffs with Urgent iPhone Shipments
- Apple transported five plane loads of iPhones and other products from India to the US in just three days to avoid a new 10% tariff.
- The company has no plans to increase retail prices in India or other markets despite the tariffs.
- Stockpiling iPhones will allow Apple to maintain current pricing temporarily, insulating the company from higher prices.
- India is becoming a crucial manufacturing hub for Apple, benefiting from lower tariffs compared to China.
- Future growth of iPhone exports from India will depend on the Bilateral Trade Agreement being negotiated with the US.
Source: The Times Of India, The Economic Times, The Economic Times
11mo ago

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