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.
You just contradicted yourself with the math there.
60m phones per year is 164k/day (not a single Tuesday of 2m phones)
This works out to roughly two weeks of stock. So do they think it’ll be short lived or was that all that was available at the time?
For what it’s worth as well, I would bet that there are different points during the year where substantially more devices are sold than others. Holidays, launch days, back to school, etc. probably see the majority of new devices purchased, while the rest of the year would be a steady trickle.