Wedbush: Apple Inc. (NASDAQ:AAPL) Could Face US Pressure, But India Key to Avoiding $3,500 iPhones

Wedbush analyst Daniel Ives believes Outperform-rated Apple Inc. (NASDAQ:AAPL) has put itself in a very hedged supply chain strategy heading into iPhone 17 production this Fall. Apple is a consumer electronics firm. All of the advisory’s work in the supply chain throughout Asia over the past few weeks gives it a high level of confidence that Cupertino's aggressive push towards India production has been a very smart strategic move given the uncertain tariff environment facing Apple in China.

Wedbush thinks Apple could ramp iPhone assembly production in India up to 60%-65% by the Fall in a best-case scenario but could easily pivot back to a China driven iPhone strategy depending on the tariff situation and deal negotiations.

The advisory fully expects more pressure from the Trump Administration on Apple to build iPhone production in the US, but this would result in an iPhone price point that is a non-starter for the company and translate into iPhone prices of $3,500 if it was made in the US and this would take many years.

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