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Stockreport

How Apple is airlifting tonnes of iPhones to avoid Trump's tariffs [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The cargo planes each reportedly had a capacity of 100 tonnes. The move was intended to “beat” US President Donald Trump's incoming tariffs, the report said. According to the news outlet's calculation, the planes carried a total of 1.5 million iPhones. Apple also negotiated a so-called ‘green corridor' to speed up customs clearance at the Chennai airport, reducing the 30-hour-long process to six hours. This is a practice that they reportedly regularly follow in China, where Apple produces a large number of its products. Apple is ramping up inventory in the US to lower the effects of tariffs on its own imports from India and China. Apple plans to send more iPhones from India to the US to offset the high cost of China tariffs, the Wall Street Journal reported on Monday. Last year, the company exported more than $17 billion (€15bn) of iPhones from the South Asian country. The production in India could potentially cover half of the US market for iPhones. Related Donald Trump [Read more]
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Stockreport

How Apple is airlifting tonnes of iPhones to avoid Trump's tariffs [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The cargo planes each reportedly had a capacity of 100 tonnes. The move was intended to “beat” US President Donald Trump's incoming tariffs, the report said. According to the news outlet's calculation, the planes carried a total of 1.5 million iPhones. Apple also negotiated a so-called ‘green corridor' to speed up customs clearance at the Chennai airport, reducing the 30-hour-long process to six hours. This is a practice that they reportedly regularly follow in China, where Apple produces a large number of its products. Apple is ramping up inventory in the US to lower the effects of tariffs on its own imports from India and China. Apple plans to send more iPhones from India to the US to offset the high cost of China tariffs, the Wall Street Journal reported on Monday. Last year, the company exported more than $17 billion (€15bn) of iPhones from the South Asian country. The production in India could potentially cover half of the US market for iPhones. Related Donald Trump [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS