June 26, 2025
The numbers show Apple has realigned its India exports to almost exclusively serve the US market to avoid tariffs on China
Apple opens AI technology to third-party developers and announces design overhaul of operating systems with 'liquid glass'
Tata has already assembled iPhones for local and foreign markets at three facilities in south India
White House trade talks continue with countries, but progress remains unsteady
Apple narrowly beats Wall Street expectations amid tariff concerns and shifts production to India to mitigate potential tariffs
Apple sells over 60 million iPhones in the US annually with roughly 80% of them made in China currently
The penalties announced by Trump on Wednesday triggered a plunge in world financial markets on Thursday