Business
Apple Increasingly Looks to India for Sales and Manufacturing
Though this quarter gave some relief on the demand-side, China presents a lot of risk to Apple. Its sales can have a large effect on companywide revenue, and even after years of supply diversification efforts, most Apple devices are still assembled in China.
The only country that can match China in scale is India, and Apple has been turning that way for years. Now about 15%-20% of iPhones are made there, which has helped Apple weather the Trump tariff storm.
Though Apple’s market share in India is still small, it is growing quickly, and the sixth Apple Store in the country will soon open.