Trump has repeatedly expressed frustration about Apple’s manufacturing plans abroad, including during a recent Middle East visit.
Potential Impact on Consumers
Industry analysts warn that shifting production to India may not fully mitigate rising costs.
Jacob Bourne, an analyst at eMarketer, noted concerns about the timeline, capacity, and unavoidable cost increases that could reduce profit margins or be passed on to consumers.
Dan Ives from Wedbush Securities predicted that the next iPhone could potentially cost as much as $3,500, far exceeding the current top model’s price of $1,199 for the iPhone 16 Pro Max.
Apple has not yet commented on Trump’s latest statement.