Apple has become a revenue-generating machine thanks in large part to products made in China. Apple's revenue from products made in China could drop to less than a third of overall revenue. AdvertisementAdvertisementApple's dependence on China for manufacturing could drastically drop within the next five years, with revenue from products manufactured in the country projected to plummet to less than a third, analysts said. Deepwater Asset Management's managing partner Gene Munster and research analyst Brian Baker predicted on Monday that revenue from Apple products manufactured in China could drop from an estimated 40-45% today to 25-30% by 2027. AdvertisementAdvertisementIndia increasingly looks like it will provide that alternative, Munster and Baker said, with around half of the revenue projected to be lost from products manufactured in China estimated to go to the sub-continent state.

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Persons: —, Gene Munster, Brian Baker, Luxshare, Baker, Muster Organizations: Apple, Service, Asset, Munster, Huawei Locations: China, Beijing, Washington, India