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)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.