Bearish
Apple's stock drops 1.52% to $333.26 amid rising memory costs
Apple's stock declined by 1.52% to $333.26 on September 29, 2026, as investors reacted to management's announcement of anticipated increases in memory costs for the September quarter. These rising costs are expected to pressure per-device profit margins, compounded by ongoing production constraints affecting iPhones and Macs.
Key points
- Memory cost increases are expected to pressure profit margins.
- Production constraints continue to impact iPhone and Mac availability.
Sources
AI-generated from public news sources. Not financial advice.
