Evercore believes smartphone shipments could stay ‘elevated’ amid tariff pause

Close up of teenage girl in bedroom using smart phone

The Good Brigade

After preliminary data from research firm IDC showed first-quarter smartphone shipments grew 1.5% year-over-year, investment firm Evercore believes demand could stay “elevated” through the next quarter.

“Looking ahead, we believe elevated demand could continue through the [June quarter], as consumers look to take

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