$AAPL 🚨 Complete U turn since Trump India Tariff warning!! I thought $AAPL was exempt! India is now a major production hub for iPhones, with a growing percentage of global shipments coming from the country. India could eventually manufacture all iPhones sold in the US, https://t.co/012vrPiq1M
Narrator: And just like that all new $AAPL supply chain strategy to minimise the impact of US tariffs imploded… https://t.co/88d9svCAbB
india becomes top smartphone maker for united states buyers for the first time, led by apple de-risking from china https://t.co/mFrw7usaFk
Apple Inc. has significantly expanded its iPhone production and exports from India, with shipments worth $6 billion during the April-June 2025 quarter, marking an 82% increase compared to the same period last year. This growth positions India as the leading smartphone manufacturer for U.S. buyers for the first time, driven by Apple's strategic move to reduce reliance on China amid new U.S. tariffs. Despite the 25% tariff imposed by the Trump administration on imports from India, Apple has opted not to increase the prices of its iPhone 17 series, reflecting a deliberate supply chain strategy to mitigate tariff impacts. India is now a major production hub for iPhones, with a rising share of global shipments originating from the country, potentially leading to India manufacturing all iPhones sold in the U.S. However, some analysts note challenges in Apple's supply chain approach following the tariff changes.