Apple Expects 'Significantly Higher Memory Costs' to Impact iPhone, MacBook Neo

Apple said soaring memory costs and tighter chip supply could pressure iPhone and Mac pricing later in 2026.

The company said AI data centers are absorbing supply, while Apple is partly buffered for now by existing inventory.

Apple reported $111 billion in revenue, helped by strong iPhone 17 demand.

It is also increasing AI spending and weighing ways to manage higher manufacturing costs.