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Apple Customers Rush to Buy iPhones Amid Fears Tariffs Could Cause Price Hikes

  • Ahead of new reciprocal tariffs, Apple customers are panic-buying iPhones to avoid potential price hikes.
  • Apple retail stores experienced a high volume of sales, comparable to holiday season sales.
  • Apple has stockpiled iPhones and other devices in the U.S., allowing them to avoid price increases in the near term.
  • To mitigate tariff impact, Apple plans to import more iPhones from India to the U.S., where the tariff rate is lower.

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