Apple Stock Drops Amid Price Increases Due to Rising Memory Costs
Apple's stock fell more than 6% after the company announced price hikes on MacBooks and iPads due to rising memory costs. CEO Tim Cook cited 'unsustainable' cost increases, raising concerns about Apple’s ability to manage supply chain pressures.
Tickers: $AAPL $MSFT $MU $TSLA
Topics: Apple iPads MacBooks memory costs Microsoft price hikes