Apple Posts Record $109.4 Billion June-Quarter Revenue; Flags Memory Chip Price Pressures

Apple posted record June-quarter revenue of $109.4 billion with 50.1% gross margin, including a 2-percentage-point boost from tariff refunds, but flagged rising memory chip prices as a headwind. Semiconductor and chipset builders should expect Apple and other OEMs to intensify partnerships and on-shoring efforts to mitigate price volatility—vertical integration and long-term supply contracts will become competitive imperatives.

Source: The Hindu Tech ↗