On Monday’s fiscal fourth-quarter earnings call, Apple COO Sabih Khan acknowledged shipping delays for the iPhone Duo and said it is “really hard to predict” when supply and demand will balance, offering little timing clarity. Customers who did not buy immediately are now seeing ship times stretch into next year. Rising memory chip costs, driven by AI-industry demand, are pressuring hardware makers, and Apple said it raised prices on some products “reluctantly.” Apple also said it is “deepening” its partnership with titanium producer Perryman to supply materials for the foldable device.
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Related tickers and likely impact
AAPL
▼ Likely negativeApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 11/02/2026 | 338.32 |
| Change that session | -1.83% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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