It's hard to feel sorry for Apple these days even if its margins are in a vise-like squeeze, courtesy of the relentless increase in the price of memory chips. After all, over the past decade, Apple inflated the price of its flagship iPhone model by 60 percent, when the average CPI basket grew by just 37 percent. Memory makers are only giving Apple a taste of its own medicine Apple used to secure memory chips via 1-year or even longer contracts, winning hefty discounts relative to the prevailing market price of the time. Now, however, Apple negotiates memory prices quarterly, […]

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