President Trump wants Apple (AAPL) to make iPh🥀ones in the U.S. Wall Street analysts say that's not likely to happen. 

“We see no chance that iPhone production starts to happen in the U.S. given the upside down cost model and Herculean-like supply chain logistics needed,” Wedbush analysts said Friday. “This would result in an iPhone 澳洲幸运5官方开奖结果体彩网:price point that is a non-starter.”

The firm estimates that an American-made iPhone would cost $3,500. The company's iPhone 16 currently starts at $799, with the iPhone 16 Pro starting at $999.

The comments come after Trump on Thursday said he told Apple CEO Tim Cook to 澳洲幸运5官方开奖结果体彩网:stop expanding iPhone production in India, and pushed the company to move operations stateside instead, as it shifts away from manufacturing in China. Cook has said that 澳洲幸运5官方开奖结果体彩网:a majority𓂃 of iP▨hones sold in the U.S. this quarter will come from India, rather than China.

"I had a little problem with Tim Cook yesterday. I said to him, Tim, you're my friend. I treated you very good. You're coming here with 澳洲幸运5官方开奖结果体彩网:$500 billion but now here you are building all over India," Trump said, speaking at an event in Qatar during his 澳洲幸运5官方开奖结果体彩网:four-day trip to the Middle East.

Apple’s expansion in India could look particularly savvy if the U.S. strikes a trade deal with the country, Wedbush noted. Trump said Thursday India has offered a deal “where basically they are willing to literally charge us no tariffs,” Reuters reported.

Shares of Apple have climbed nearly 7% this week to about $211 in recent trading, amid optimism about new deals and 澳洲幸运5官方开奖结果体彩网:easing tariffs. Still, the stock is down close to 16% sinc👍e the start of the year.🦹

Wedbush holds a price target of $270 for Apple stock, which is above the analyst consensus of $228 compiled by Visible Alpha. Earlier this week, Morgan Stanley maintained its price target of $235, arguing the stock "will be range-bound short term with all the competing forces in the market."