Manufacturing iPhones in US from India could raise price to USD 3,000 from USD 1000

Industry experts have stated that if the USA starts manufacturing iPhones in the US as compared to India, it will cost USD 3,000, which is almost three times the current cost of USD 1,000 per iPhone, highlighted industry leaders while reacting to President Donald Trump's statement.

He added that Apple had already partly moved its manufacturing from China to India. "It will be the commercial judgment of Apple whether to start manufacturing. They partly moved to India from China. If Apple moves out of India, it will be in big losses because the tariff restrictions are coming up globally and are subject to change very often. We firmly believe, as the Telecom Equipment Manufacturing Association, Apple will not go out of India," Goyal said.