Apple Shares Slide About 4% as Memory Costs Threaten Margins
Apple fell about 4% in premarket trading after warning that rising memory costs would squeeze gross margins. The report also cited supply-chain uncertainties and mounting AI expenses.
Apple shares fell about 4% in premarket trading on Tuesday after the tech giant warned that rising memory costs would squeeze gross margins, stoking investor concerns over persistent supply-chain uncertainties and mounting AI expenses.John Ternus delivered his first earnings report as Apple CEO on…