Trump Tariffs Cause Apple Store Surge
The Trump administration's threat of new tariffs has caused a surge in Apple store customers, who are panic-buying iPhones due to concerns of price increases. Apple's US retail stores saw higher sales over the past weekend than in prior years in some major markets, with employees describing the atmosphere as similar to the busy holiday season. The rush is expected to continue over the next few days, which could help bolster Apple's third-quarter results, although the impact of tariffs won't likely be felt until the following quarter. Bloomberg's Anurag Rana reports. (Source: Bloomberg)
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