Apple posts record June quarter revenue of $109.4 billion; flags higher memory chip prices as pressure point

Apple posts record June quarter revenue of $109.4 billion; flags higher memory chip prices as pressure point

Apple posted $109.4B Q2 revenue (+16% YoY) but memory chip costs are squeezing margins with 20-42% price hikes on MacBook/iPad. Memory shortage signals sustained component cost pressure industry-wide, forcing enterprise buyers to reassess hardware investment timing.