Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients

1. Analyst Moffett questions Apple's shift of iPhone assembly to India. 2. Moffett lowered Apple's price target to $141, indicating a 33% drop. 3. Tariffs and consumer demand issues may dampen Apple's sales performance. 4. Apple faces competition from local Chinese brands amid tariff backlash. 5. Quarterly earnings report is due next Thursday, impacting market sentiment.