Apple rapidly shipped five planeloads of iPhones and other products from India to the US in late March to avoid new tariffs, ensuring steady prices temporarily. This pre-tariff move helps delay global price revisions. Other exports like gems and jewellery also surged to capitalize before the tariffs took effect. March exports are estimated to surpass $800 billion.
Yeah but how long will that inventory last? A couple of weeks maybe? Certainly not for any of the new products they have in their schedule for the year, those will have to be a lot more expensive to keep their margins somewhat stable.