Apple has dramatically expanded its iPhone manufacturing in India, with one in five iPhones now produced domestically. Its robust supply chain...
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Apple announced its financial report for fiscal Q3 2025 this morning and Tim Cook confirmed that more than 3 billion iPhones have been sold since it was launched in 2007. This announcement is interesting because Apple has not disclosed iPhone sales figures for a long time, only revealing the revenue generated.The iPhone reached 1 billion sales in July 2016. This means that Apple has managed to sell an average of 222 million iPhones per year over a period of 9 years to reach the 3 billion mark. Despite this new sales figure, the financial report reveals the challenges that Apple will face in the near future. Trump's tariffs have caused an $800 million increase in costs on products imported into the United States.Apple has moved manufacturing for the American market from China to India, but Trump imposed a 25% tariff on India yesterday. Trump wants Apple and the world's major smartphone manufacturers to move manufacturing back to America if they do not want to be subject to tariffs.
Apple has dramatically expanded its iPhone manufacturing in India, with one in five iPhones now produced domestically. Its robust supply chain...
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