Apple's $7.947 Billion Trading Volume Ranks Sixth as iPhone Production Shifts to India

Generated by AI AgentAinvest Market Brief
Friday, Apr 25, 2025 7:53 pm ET1min read
AAPL--

On April 25, 2025, AppleAAPL-- (AAPL) saw a trading volume of $7.947 billion, ranking sixth in the day's market activity. The stock rose by 0.44%, marking its fourth consecutive day of gains, with a total increase of 8.35% over the past four days.

Apple is reportedly planning to shift all production of iPhones sold in the U.S. to India by the end of 2026. This move is part of a broader strategy to mitigate risks associated with manufacturing in China and to navigate potential tariff increases. The company is in talks with contract manufacturers Foxconn and Tata to achieve this goal, aiming to produce over 60 million iPhones annually in India.

Apple's decision to increase production in India is driven by several factors, including higher duties on importing mobile phone parts in China and the need to diversify its manufacturing base. Currently, manufacturing costs in India are 5-8% higher than in China, but the company is already seeing benefits from this shift. In March, Apple shipped $2 billion worth of iPhones from India to the U.S., marking a record for its contractors Tata and Foxconn.

This strategic move by Apple is expected to have a significant impact on its stock performance, as investors closely monitor the company's ability to navigate geopolitical risks and maintain its competitive edge in the global market. The shift to India is part of a broader trend of companies looking to diversify their supply chains and reduce reliance on a single manufacturing base.

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