Cook warns: Memory costs will significantly increase

On April 30th, local time, Apple Inc. announced its second quarter financial report for the 2026 fiscal year, with overall performance better than market expectations. Boosted by this news, Apple's stock price rose more than 5% after hours that day. According to Reuters, Apple CEO Cook admitted during the earnings call that the company is facing tight supplies of chips and memory components, causing constraints on the delivery of products such as phones and computers, with uncertainty in future supply. He also warned that memory costs will significantly increase, related pressure may start to show from the current quarter and further intensify in the second half of the year.