iPhone, China and India
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A new report says that Apple will finally hit a long-held goal to reduce its dependence on China with the launch of the iPhone 17. Indian iPhone production has always lagged behind that of China, but all this is now changing – with import tariffs acting as an additional incentive …
Apple shifts more iPhone production to India, with all iPhone 17 models set to launch from Indian factories for the first time.
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mobilematters.gg on MSNApple Is Making All iPhone 17 Models For US Market In India, Marking A Strategic Shift From China
All new iPhone 17 models, including the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and Pro Max, for the US market, are now manufactured in India as Apple doubles down on reducing its reliance on China for US-bound iPhones.
19don MSN
Apple got a much-needed iPhone and China boost, but expects a $1.1 billion tariff hit this quarter
Apple reported strong iPhone sales and rebound in revenue from China, giving a much-needed boost to two parts of the company’s business that had struggled over the past year. That better-than-expected performance reassured Wall Street investors that key parts of its business are holding steady as Apple struggles to keep pace with rivals in the artificial intelligence race and navigates President Donald Trump’s looming tariffs.
Apple lost its crown as the biggest smartphone seller in China to rival Vivo, sliding to third place in the quarter, followed by Huawei, whose market share jumped to 15.5% from 9.3% a year earlier.
Apple has been facing a tougher time of it in China in recent months. Globally, the iPhone maker reported a 2% uptick in revenue in the final quarter of 2023, with sales rising to $119.6 billion.
After years of relying on China for iPhone production, Apple is boosting its presence in India. The tech giant hit a milestone ahead of the iPhone 17 launch.
Morgan Stanley turns bullish on Apple, citing stronger iPhone demand in China, AI potential, and upside in future quarters.