WS #16756
Apple's new CEO John Ternus is facing immediate headwinds as a global memory shortage squeezes gross margins, disappointing Wall Street's expectations. Compounding the margin pressure, reports indicate the iPhone Duo foldable has been delayed until January 2027 due to insufficient unit availability. This signals a structural cost inflation problem for hardware manufacturers, dampening the bullish tech narrative and pressuring AAPL specifically, even as broader tech earnings remain mixed.
Apple Margin Crisis
Apple's new CEO John Ternus is facing immediate headwinds as a global memory shortage squeezes gross margins, disappointing Wall Street's expectations. Compounding the margin pressure, reports indicate the iPhone Duo foldable has been delayed until January 2027 due to insufficient unit availability. This signals a structural cost inflation problem for hardware manufacturers, dampening the bullish tech narrative and pressuring AAPL specifically, even as broader tech earnings remain mixed.