Apple Firstly Mentioned Storage Price Increases: Low Inventory and Reduced Supply Chain Flexibility

At the latest quarterly earnings call, Apple indicated that the company is facing a situation of "low inventory" and "reduced supply chain flexibility." The current surge in global demand for AI is significantly squeezing the supply capacity of memory products. The dual constraints of memory products and TSMC's advanced process capacity are beginning to impact Apple's operations. The effect of memory on gross margins in the first fiscal quarter was minimal, but it is expected to have a more noticeable impactin the second fiscal quarter. Apple CEO Tim Cook emphasized that Apple has already "secured" the necessary storage resources and can ensure the supply of critical components through various ways, and the related impact is still controllable.