Apple Profit Rises 12% Even as Memory Chip Costs Climb

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Apple reported a 12 percent increase in profit, driven by continued strong demand for the iPhone. The company also cautioned that the price of memory chips used in its devices is rising. The warning signals potential pressure on future margins as component costs increase. The source article provides limited detail beyond these points.

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Apple Says It Can't Predict When iPhone Duo Supply Constraints Will Ease

Apple says production of the iPhone Duo is ramping up. The company still cannot say when supply will catch up with demand. Shipping delays are expected to stretch into next year. Apple describes the timing of any improvement as hard to predict. The source article is from TechCrunch.

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Trajectory Raises $45M to Bring AI Model Training to Nontechnical Experts

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Apple's inventory jumps 154% as memory chip costs keep rising

Apple has said that memory chip costs are reaching unprecedented levels and will continue to climb. The company's inventory has grown to $14.5 billion, a 154% increase. The rising component costs raise questions about how future Apple device prices may be affected. The report is based on Apple's own statements about its finances and supply costs.

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TechnologyThe Verge ·

Apple cannot yet say when iPhone Duo supply will meet demand

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