WS #10673
Apple raises Mac and iPad prices by $100-$300 citing unprecedented memory cost surge from AI data center demand; CEO Cook warns more increases likely. Micron surges ~17% premarket on record Q3 revenue quadrupling, gross margin 84.9%, and raised guidance; analysts boost price targets.
Apple Price Hikes on Memory Crunch
Apple raises Mac and iPad prices by $100-$300 citing unprecedented memory cost surge from AI data center demand; CEO Cook warns more increases likely.
Micron surges ~17% premarket on record Q3 revenue quadrupling, gross margin 84.9%, and raised guidance; analysts boost price targets.