Why it matters
Apple’s costs and outlook matter to investors and could affect the company’s pricing and profit margins. The supplied articles do not establish how much chip costs may change prices for customers or affect other businesses.
TECHNOLOGY • UNITED STATES
Apple beats earnings expectations as rising memory-chip costs weigh on outlook
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BLUF
Apple reported better-than-expected results, but rising memory-chip costs and slower services growth are concerns for investors. Strong iPhone demand has not prevented its shares from falling after the results.
HOW THIS BRIEF WAS MADE 8 outlets: 5 national · 3 international. Automated sourcing and summaries by the BLUF engine. Corrections