Apple customers dash to stores to buy iPhones ahead of Tariffs
Amidst the Trump administration's tariff threats, Apple's stock price plummeted, yet retail stores experienced a surge in iPhone purchases. Customers, fearing significant price hikes due to potential 54% tariffs on Chinese-made iPhones, rushed to buy devices. This panic-buying boosted sales, creating a busy atmosphere reminiscent of the holiday season, potentially impacting Apple's upcoming quarterly results.