Apple (AAPL) CEO says the majority of supply constraints in Q3 will be on several Mac models, expects significantly higher memory costs in Q3
Apple's CEO highlighting that most supply constraints in Q3 will affect several Mac models signals potential disruptions in product availability, which could dampen sales.
[MARKET UPDATE] US equity futures open firmer (ES +11 points, NQ +25 points); T-Note futures +2+ ticks; WTI futures +USD 0.30/bbl; Spot XAU +USD 7/oz
New Zealand ANZ Roy Morgan Consumer Confidence (Apr) 80.3 (Prev. 91.3)
Apple (AAPL) CEO says the majority of supply constraints in Q3 will be on several Mac models, expects significantly higher memory costs in Q3
S&P is considering index rule changes to speed up the addition of mega IPOs
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The expectation of significantly higher memory costs also raises concerns about margins, adding pressure on the company's profitability. Traders should watch for potential impacts on Apple's stock performance and broader tech sector sentiment as these challenges unfold.
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