$AAPL said gross margins excluding tariff refunds were “down about 1 point sequentially, primarily driven by higher memory costs” extending a decline to 47% in September.
The irony is that DRAM boom benefiting $MU and $SKHY is squeezing Apple just as its push into on-device AI could require more memory per iPhone.
The irony is that DRAM boom benefiting $MU and $SKHY is squeezing Apple just as its push into on-device AI could require more memory per iPhone.
