Memory chip cost increase
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Jim Cramer Reiterates “Own Apple, Don’t Trade It”
Yahoo Finance· 2026-01-28 17:52
Core Viewpoint - Apple Inc. is facing challenges due to rising memory chip costs, which are critical for its iPhones and Mac computers, leading to a decision between margin sacrifices or price increases that could impact demand [1] Group 1: Stock Performance - Apple has been on an eight-week losing streak but managed a 3% gain recently, indicating a potential turnaround [1] - The stock increased by $7.37 on a day that was noted as the first good day in a long time [1] Group 2: Financial Concerns - The rising cost of memory chips is a significant factor affecting Apple's margins, prompting concerns about future profitability [1] - Analysts have provided some positive commentary suggesting that the memory margin issue is manageable, which may have contributed to the recent stock price increase [1] Group 3: Product Overview - Apple manufactures and sells a range of devices including iPhones, Macs, iPads, and wearables, supported by its app ecosystem, AppleCare, and cloud tools [2]