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

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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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