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Apple Faces Profit Pressure Amid Rising Memory Costs and Record Revenues

Apple Faces Profit Pressure Amid Rising Memory Costs and Record Revenues

Apple warns of rising memory costs as expensive iPhones and Macs could become the new normal
Apple warns of rising memory costs as expensive iPhones and Macs could become the new normal

Apple warns that rising memory chip costs could lead to further iPhone, iPad and Mac price increases as AI demand grows.

Apple shares slide as higher memory costs fuel margin concerns
Apple shares slide as higher memory costs fuel margin concerns

The iPhone maker has benefited from using memory purchased at lower prices, but that advantage is expected to diminish over time, leaving more of its purchases exposed to higher prices.

Apple shares slide as higher memory costs fuel margin concerns
Apple shares slide as higher memory costs fuel margin concerns

John Ternus delivered his first earnings report as Apple CEO on Monday, describing the memory-pricing environment as "unprecedented" while expecting costs to rise beyond the quarter ending in...

Apple posts $114.5bn Q4 revenue despite soaring memory costs
Apple posts $114.5bn Q4 revenue despite soaring memory costs

CEO John Ternus warned investors to expect even higher memory prices for the December quarter.

Apple Is Paying the Price for AI’s Memory Boom
Apple Is Paying the Price for AI’s Memory Boom

Apple posted record September-quarter revenue as iPhone and Mac sales surged, but rising memory costs are squeezing margins while iPad revenue continues to fall.

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