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Apple Faces Margin Squeeze as Memory Costs Triple, Jefferies Downgrades AAPL

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Memory costs now make up 34% of iPhone Pro's bill of materials, up from 10%, forcing Apple to raise prices.
  • Jefferies downgraded AAPL citing margin pressure, while memory suppliers like Micron surge on demand.
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AAPL price history

329.99 +19.22% over the displayed period

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