Apple leverages rising memory chip prices to gain competitive advantage
Apple is benefiting from rising memory chip prices, which are squeezing its smartphone competitors and eroding their margins. UBS analysts predict Apple's iPhone revenue will reach $56.2 billion in the March quarter, with a projected 20% year-over-year increase in the June quarter. However, rising DRAM and NAND costs are expected to pressure gross margins.
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Topics: Apple Inc. Earnings Report Market Share Memory Prices Supply Chain UBS Analysis