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Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
AAPLApple(AAPL) CNBC·2025-04-26 23:07

Leading analyst Craig Moffett suggests any plans to move U.S. iPhone assembly to India is unrealistic.Moffett, ranked as a top analyst multiple times by Institutional Investor, sent a memo to clients on Friday after the Financial Times reported Apple was aiming to shift production toward India from China by the end of next year.He's questioning how a move could bring down costs tied to tariffs because the iPhone components would still be made in China."You have a tremendous menu of problems created by tarif ...