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Benzinga
Benzinga
Business
Ananya Gairola

iPhone Prices to Go up as Memory Chip Costs Keep Climbing? Tim Cook Says Apple Is 'Evaluating All Options'

AAPL Price Action: Apple shares were down 0.95% at $259.24 at the time of publication on Friday, according to Benzinga Pro data.

Apple Inc. (NASDAQ:AAPL) is facing rising memory chip costs that could pressure its business beyond the September quarter, with outgoing CEO Tim Cook saying the company is exploring ways to manage the impact without revealing whether higher costs could eventually affect product pricing.

Apple Warns Memory Costs Are Rising Again

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