Apple Warns Of 'Significantly Higher' Memory Costs Ahead; May Impact iPhone 18 Series Price
Published on: May 1, 2026, 10:53 a.m. | Source: Free Press Journal
Apple reported its best-ever March quarter with $111.2 billion revenue and strong iPhone and services growth. However, CEO Tim Cook warned that surging memory costs driven by AI demand will pressure margins in coming quarters. With suppliers prioritising AI servers, Apple expects rising input costs to increasingly impact its business outlook.
