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Apple recently shared its financial results for the second quarter of 2025, showing strong growth. The company earned $95.4 billion in revenue, a 5% increase from last year, and a profit of $24.8 billion, up 8%. Services, like streaming and subscriptions, hit a record high, growing 12%.

iPhone sales also helped, especially in markets where Apple Intelligence is available, boosting performance. New products, like the iPhone 16e and advanced Macs and iPads, added to the success. Apple’s board approved $100 billion for stock buybacks and raised its dividend to $0.26 per share.

However, challenges loom. CEO Tim Cook discussed tariffs, noting they had little impact this quarter due to supply chain tweaks. But for the next quarter, tariffs could add $900 million in costs if policies stay unchanged. Cook avoided commenting on price hikes, leaving consumers wondering. Apple is diversifying production, with half of U.S. iPhones now made in India and other products in Vietnam, to reduce reliance on China.

On the legal front, Apple faces App Store changes after a court ruling favored Epic Games. The company must allow developers to link to external payment options, following a 2021 injunction. Apple disagrees with the decision, plans to appeal, and is complying for now. The outcome remains unclear, but it could affect Apple’s services business. Despite these hurdles, Apple’s focus on innovation and customer loyalty keeps its device base growing. Cook remains optimistic, hinting at exciting products ahead, like a thinner iPhone 17 Air.

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The idea of creating an iPhone entirely in the U.S. seems appealing, but remains impractical, despite continuous discussions around it. Even though Apple has explained multiple times why it’s not feasible, the dream of a made-in-USA iPhone refuses to fade.

The Financial Times recently addressed why this idea isn’t realistic. They emphasized the 2,700 individual components in each iPhone, with many parts involving separate smaller pieces that aren’t easily seen. Apple’s iPhone parts are produced across 700 different production sites, but only 30 suppliers are based outside China. This is a huge issue. The Chinese suppliers are located close together and collaborate closely, a system that took decades to build. Recreating such a complex network in the U.S. would take just as long, if not longer.

While some iPhone parts, like display glass and Face ID lasers, are made in the U.S., much of the rest, including touchscreen elements, comes from South Korea and is assembled in China. The process is too intricate and spread out globally to be moved to a single location without serious complications.

Additionally, moving production to the U.S. makes little political sense, particularly with changing administrations. As Andy Tsay, a professor at Santa Clara University, points out, investing in long-term changes is difficult when policies shift every four years. Even if Apple considered such a move, it wouldn’t happen before the current presidency ends, making it an impractical decision.