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Majority Of iPhones Sold In The US To Be ‘Made In India’: Apple CEO Tim Cook


SUMMARY

Apple will source most of the iPhones sold in the North American nation in the June quarter from India, CEO Tim Cook announced during the company’s post-earnings call

While Apple didn’t explicitly disclose its sales in India, Cook said that the company set a number of quarterly records in the country

Cook said that the current tariff of 145% on imports from China will hit Apple’s bottom line by $900 Mn in the June quarter

In the wake of the US-China trade…



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