Apple Expects 'Significantly Higher Memory Costs' in June Quarter and Beyond

Apple said memory costs rose in the March quarter and will climb much more in the June quarter and beyond.

Tim Cook said the company is using existing inventory to cushion the impact while it evaluates options.

The pressure stems from tight supply as chip makers prioritize AI infrastructure, squeezing memory chips for consumer devices.

Rising memory prices could weigh on Apple’s margins and reflect broader AI-driven supply shifts.