Brief by Shorts91 NewsDesk / 10:22am on 04 Aug 2025,Monday Business
Apple CEO Tim Cook confirmed that the majority of new iPhones sold in the US during Q2 were manufactured in India, marking a major shift in Apple’s global supply chain. India has overtaken China as the primary production hub for US-bound iPhones, while Vietnam now leads manufacturing for MacBooks, iPads, and Apple Watches. Despite former President Donald Trump’s criticism and a newly imposed 25% tariff on Indian imports, Apple remains committed to its India strategy. Cook highlighted record revenue growth in India, driven by strong iPhone sales, and announced plans to expand Apple’s retail footprint in the country. Apple incurred $800 million in tariff-related costs last quarter, with projections rising to $1.1 billion. (PC: Reuters)
