> But Bloomberg Intelligence estimates it would take about eight years to move just 10% of Apple’s production capacity out of China, where roughly 98% of the company’s iPhones have been made.
98% of the iPhones that have been made already, not 98% of iPhones currently being made. So the percentage is probably somewhat lower as of present.
> But Bloomberg Intelligence estimates it would take about eight years to move just 10% of Apple’s production capacity out of China, where roughly 98% of the company’s iPhones have been made.
98% of the iPhones that have been made already, not 98% of iPhones currently being made. So the percentage is probably somewhat lower as of present.