The previous-gen iPad Air launched in May 2024, and Apple says the new model gives users "a big jump in performance at the same starting price."
FT Weekend newspaper delivered Saturday plus complete digital access.
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Without that revenue, CRFB projects the national debt will climb to 125% of GDP—or roughly $58 trillion—by fiscal year 2036, compared to a baseline projection of $56 trillion, or 120% of GDP, that assumed the IEEPA tariffs would remain in force. “Deficits in that scenario will rise to 7.1% of GDP, or $3.3 trillion,” CRFB warned, versus $3.1 trillion under the original baseline.