Gene Munster, Managing Partner of Deepwater Asset Management, used a CNBC segment on June 18, 2026 to tie together two critical semiconductor stories: Apple‘s willingness to raise iPhone prices and the parabolic move in memory chip stocks.
Apple Inc (NASDAQ:AAPL, XETRA:APC) remains well positioned to manage increasing memory costs and potential product price increases due to its scale and supplier relationships, according to Bank of America analysts, who maintained a ‘Buy' rating and a $380 price target on the stock. This followed comments from Apple CEO Tim Cook in an interview with The Wall Street Journal, in which he indicated the company would need to raise prices to offset escalating memory expenses.
The Computer - Micro Computers industry participants like AAPL and DELL are benefiting from the strong demand for enterprise devices amid stiff macroeconomic challenges globally.
If you're in the market for a new Apple device later this year, you should prepare yourself for a price increase. That's not speculation—it's coming right from CEO Tim Cook's mouth.
SanDisk (NASDAQ:SNDK | SNDK Price Prediction) stock is surging in Thursday trading, up 11% to $2,170.
Apple announced on Thursday that developers in Brazil are now allowed to distribute their iOS apps through alternative app stores and process payments for digital goods and services outside the App Store.
I keep hitting the buy button on Apple (NASDAQ:AAPL | AAPL Price Prediction), and the June panic over
The artificial intelligence boom is reshaping more than just software.
Apple said on Thursday it will allow developers in Brazil to distribute iOS apps through alternative marketplaces and process payments outside its system, following an agreement with the country's antitrust watchdog CADE.
Prices for consumer electronic products like video game consoles and smartphones have been surging for months due to increased prices for memory chips. The price crunch is primarily caused by high demand for those chips by AI companies, which require massive amounts of memory to power servers in data centers.
Intel stock is getting a Trump bump today.
Apple Inc (NASDAQ:AAPL, XETRA:APC) plans to raise prices on some of its products as surging memory and storage chip costs pressure its supply chain, CEO Tim Cook told The Wall Street Journal in an interview. "Unfortunately, price increases are unavoidable," Cook told the publication.