Apple (AAPL) has chartered cargo flights to ferry as many as 1.5M iPhones from India to the U.S. in an effort to beat President Donald Trump’s tariffs, Aditya Kalra, Abhijith Ganapavaram and Munsif Vengattil of Reuters reports, citing sources. Analysts have warned iPhone prices could surge due to the company’s high reliance on imports from China.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Apple pushed suppliers to fly premium devices before April 9, Nikkei reports
- “China Remains the Biggest X Variable Related to Apple (AAPL),” Says Wedbush’s Ives
- ‘Not a Safe Haven,’ Says Top Investor About Apple Stock
- Magnificent 7 Stocks Add Over $1.5T in Market Cap After Trump Pauses Tariffs
- AAPL, NVDA, TSLA: Stocks Skyrocket as Trump Announces 90-Day Tariff Reduction
