Leading analyst Craig Moffett suggests any plans to move U.S. iPhone assembly to India is unrealistic. Moffett, ranked as a top analyst multiple times by Institutional Investor, sent a memo to clients on Friday after the Financial Times reported Apple was aiming to shift production toward India from China by the end of next year.

Apple has already stepped up production in India to beat U.S. President Donald Trump's tariffs, shipping some 600 tons of iPhones worth $2 billion to the United States in March.