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Apple Making iPhones In America A Fantasy That Sounds Great 'Behind The Microphones,' Says Top Analyst Dan Ives

Benzinga LogoBenzinga2w ago

Apple Making iPhones In America A Fantasy That Sounds Great 'Behind The Microphones,' Says Top Analyst Dan Ives - Benzinga

Quick Summary:

He said that the logistics of moving iPhone manufacturing to the U.S.would be a "non-starter" at the current price point."For U.S.consumers, the reality of a $1,000 iPhone being one of the best-made consumer products on the planet would disappear".

He shared an image from a note that stated, "Making Apple products and iPhones in the U.S.sounds great behind the microphones in the 202 area code…but in reality, they are a fantasy tale that in our view will never happen".

Dan Ives, an analyst from Wedbush Securities, has warned that the idea of manufacturing Apple Inc.(NASDAQ:AAPL) products, including iPhones, in the U.S.is not feasible and would result in significantly higher costs.

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 04:14:09 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27577199

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 6 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #53

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