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Falling China exports signal a major shift in iPhone production & pricing | Tariffs, politics, and shifting priorities are unraveling the iPhone supply chain that once tied the US and China together.

Tariffs, politics, and shifting priorities are unraveling the iPhone supply chain that once tied the US and China together.

Provinces such as Guangdong and Henan, home to major iPhone production hubs, face potential job losses and slower industrial growth. The company returned $29 billion to shareholders during the quarter and credited the iPhone 16e's strong performance for helping Apple maintain momentum in cost-sensitive markets. Wedbush raised its price target on Apple stock from $250 to $270, highlighting confidence in the India strategy and the company's ability to navigate global disruptions.

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