Apple Stock A Back-To-School Winner? Nine States Offer Sales Tax Holidays, Big Savings

Benzinga
2025.07.15 18:55
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Apple Inc. may benefit from state sales tax holidays in nine states during July and August, allowing tax-free purchases on back-to-school items, including electronics. This could boost revenue, especially as iPhone sales have declined while Mac and iPad sales have increased. The National Retail Federation estimates average budgets of $875 for K-12 and $1,365 for college shoppers, with many expecting higher prices. These tax-free events may drive additional sales as consumers seek to offset rising costs.