The post Your Next iPhone Is About to Cost More. Tim Cook Just Told You Why appeared first on 24/7 Wall St..
Tim Cook signaled that Apple (AAPL) will raise iPhone prices or reduce storage to offset surging memory costs amid tight DRAM and NAND supplies.
Apple's products gross margin fell 200 basis points to 49.3% in March, with June guidance at 47.5-48.5% as memory inflation accelerates.
iPhone 18 launch in 2026 will test if Apple's 2.5B-devi…