
Consumers facing inflation concerns and worries of future tariffs on products from Apple Inc (NASDAQ:AAPL) could be in for a surprise sale during July and August, thanks to annual state sales tax holidays in participating states.
What Happened: Each year, many states offer sales tax-free shopping periods for back-to-school items. While the list typically includes clothing, shoes and school supplies, some states offer the tax reprieve on electronics such as laptops, tablets and even iPhones from Apple.