BusinessQuiet 9d · day 9
Apple reports 12% profit growth amid chip cost warnings
iPhone sales remain strong as Apple navigates rising memory chip prices.
What to know
- Apple grew profits 12% driven by strong iPhone sales performance.
- Memory chip costs are rising, signaling potential margin pressure for the company ahead.
- The warning suggests component inflation may impact future earnings despite current strength.
“The company said iPhone sales remained strong, but warned that the cost of memory chips for its devices were going up.”
Apple · New York Times · Nov 1
Apple Technology company
How it unfolded 1 development · click the chart to see its coverage articlesposts
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first by New York Times, 9d ago · also NYT Tech
1 more headline
- Apple’s Profit Grows 12 Percent Despite Component Price Worries The New York Times · 9d ago
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