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Apple's Financial Report Reveals Tariff Fears Sparked iPhone Panic Buying
1 day ago /
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Author：小编
Prior to the earnings call, Apple CEO Tim Cook disclosed that users had purchased more iPhones and other devices than anticipated, driven by concerns over potential price hikes due to tariffs. During the earnings call in May 2025, Cook noted that the "reciprocal" tariffs during the Trump administration had triggered a brief period of panic buying for iPhones. Nevertheless, Apple's first-quarter results subsequent to the tariffs' implementation indicated a shift in this trend.
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