Apple reportedly makes 25% of iPhones in India, up 53%, in pivot from China production

25%

Apple manufactured 55 million iPhones — about 25% of its global production — in India last year, Bloomberg reports. That’s up from about 36 million in 2024, as the company has been trying to decrease reliance and avoid tariffs on China.

That share would put the iPhone maker ahead of Wall Street’s schedule. At the start of 2025, analysts predicted Apple’s iPhone production in India would reach 25% by 2027.

“The vast majority of the iPhones sold in the US, or the majority, I should say, have a country of origin of India,” Apple CEO Tim Cook said during the company’s fiscal Q3 2025 earnings call.

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Rani Molla8h

Report: Microsoft weighs Xbox spin-off amid major overhaul

Microsoft is reportedly considering spinning out or restructuring its struggling Xbox unit, per The Information. While new Xbox CEO Asha Sharma, who took over in February, is preparing for layoffs, she’s simultaneously planning to boost investment in its biggest franchises like “Halo,” “Fallout,” and “Minecraft.”

The latest potential shake-up comes as the gaming division battles major headwinds, following a massive 33% plunge in Q3 console sales and a recent move to slash Game Pass prices while removing new “Call of Duty” titles.

Microsoft Has Considered Spinning Out Xbox, Plans New ‘Halo,’ ‘Fallout’ Games

Hyunsoo Rim

BOT HIRING

15h

AI was the top reason cited for US job cuts for the third straight month in May

Employers cited AI for nearly 40% of May’s cuts — a share that’s kept climbing since Challenger began tracking it in 2023.

robot carrying sacked mid adult businessman

Anthropic’s Mythos gets tired, hates bad users, and wants to be thanked

Reminder: these models are not people, they don’t think, and when you close the tab, the model isn’t pondering your last interaction.

Jon Keegan6/11/26

Rani Molla

Waymo Money

6/11/26

Alphabet’s Waymo is getting into the subscription — and Uber’s — business

Waymo is hoping its new membership tier will lock in customers and get them to spend more.

Oracle Stock's Rises Sharply After Reporting Ultra High Demand For Cloud Computing Services

Oracle is trying really hard to convince investors it won’t have a debt problem

It’s coming up with new metrics to allay fears about its ballooning capex and debt load.

Rani Molla6/11/26

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