Apple assembled $14B of iPhones in India last fiscal year, a sign that it is accelerating its push to diversify beyond China, Sankalp Phartiyal of Bloomberg reports. Apple now makes as much as 14% of its marquee of devices from India, people familiar with the matter told Bloomberg.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Apple (NASDAQ:AAPL) Ramps Up iPhone Assembly in India, Worth $14B
- Apple (NASDAQ:AAPL) Gets Boost from New Vision Pro Marketing Plan
- China headwinds remain black cloud over Apple, says Wedbush
- Apple App Store revenue grew 10% in Q2, says BofA
- Pegatron in talks to sell India iPhone plant to Tata, Reuters reports
