
CosmicTaco
Apple Shifts iPhone Production to India Amid Tariffs
- Apple is moving more iPhone production to India to avoid high tariffs on Chinese goods.
- The shift aims to mitigate a potential 30-40% price increase on iPhones due to new tariffs.
- Apple's move could supply up to 50% of the U.S. market's demand for iPhones.
- The tariffs could add around $300 to the cost of an iPhone 16 Pro, making it less competitive.
- Apple's stock has dropped approximately 25.59% this year, reflecting the financial impact of the tariffs.
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PeppyBurrito
Cognizant1mo
aye good news for India I guess
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