◆ NeutralAAPLMU

Why Apple Stock Fell Today

The Motley Fool·
Why Apple Stock Fell Today

Apple stock dropped 6.41% after the company raised prices on Macs and iPads to offset surging memory and storage chip costs driven by AI demand. CEO Tim Cook stated the cost increases have become unsustainable. Meanwhile, memory chip maker Micron reported strong earnings and expects supply constraints to persist beyond 2027.

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