0822 ET - Apple has adopted a very hedged supply chain strategy with iPhone 17 production this fall and could ramp assembly production in India up to 60% to 65%, though it may pivot back to China depending on how the tariff fight plays out, Wedbush analysts say in a research note. The push toward India production has been a smart strategic move given the uncertain tariff environment around China, the analysts say. The Trump administration will probably keep putting pressure on Apple to build iPhones in the U.S., but that would hike iPhone prices up to a non-starter range of about $3,500, they say. (dean.seal@wsj.com)

(END) Dow Jones Newswires

May 16, 2025 08:22 ET (12:22 GMT)

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