HOW APPLE STOCKPILED IPHONES TO AVOID TARIFFS AND KEEP PRICES LOW FOR A WHILE

Summary from the TLDR newsletter

Apple shipped five flights worth of Apple products in three days to the US in the last week of March to stock its warehouses. This is usually a time of the year when the company starts winding down its current-year products and starts manufacturing its September releases. The reserves that arrived at a lower duty will temporarily insulate the company from the higher prices it will need to pay under the revised tax rates. Apple is expected to take a $33 billion hit due to the Trump Administration's newly instated tariff plan.