Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.
Plus, more Fed officials signal a rate increase is coming soon, and pool owners feel blue about the color blue.
The memory-chip crunch is pushing up prices for all electronics. Even Apple, which dominates the supply chain, isn't spared.
The CEO tells the Journal in an exclusive interview that soaring costs make price increases “unavoidable.”
June is a natural moment for mid-year reflection. Short-term traders are squaring quarterly books, but long-term investors should be doing something different: Stepping back to ask which businesses have already produced multi-decade compounding, and whether the moats that drove those returns are still intact today.
Apple benefits from strong iPhone demand, record Services growth and expanding AI innovation, reinforcing its long-term growth prospects.
NEM, PBI, KO, AAPL and OXY stocks show how women-led companies are redefining growth with discipline, agility and results.
Apple Inc. remains a Strong Buy as the recent 8% post-WWDC selloff reflects investor impatience, not fundamental weakness. AAPL now trades at only a modest premium to peers, with a forward P/E of 34.17x and a PEG of 1.26x, suggesting potential undervaluation. Siri AI, powered by Gemini, will reach 2.5 billion devices, enhancing Services margins, though regulatory hurdles in Europe and China limit initial impact.
Apple's plan to change a privacy feature that lets paying customers hide their real email addresses when creating online accounts could make it easier for apps and websites to block anonymous sign-ups.
Apple is preparing for a huge wave of new product releases – including camera-equipped AirPods which will launch the company into the red-hot AI device market and rival Meta's AI-enabled camera sunglasses.
Steve Jobs once turned the prospect of a US export restriction into a marketing moment. In 1999, Apple's Power Mac G4 "supercomputer" exceeded the allowed computing threshold for US exports to some countries.
Italy's competition regulator said on Tuesday it had opened a probe into Apple over compliance with interoperability obligations, under the European Digital Markets Act.