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.
Surprised so few.
This is like a couple weeks of phones sales. Makes me think that the author is just speculating that this is tariff related. This might just be a normal shipment.
I’m guessing they’re betting on the tariffs being short lived like the previous times.