Apple CEO John Ternus warns rising memory costs and Siri AI spending will squeeze profits
During his debut earnings call as CEO, John Ternus warned that soaring memory prices and heavy investments in Siri AI will weigh on Apple's profit margins.
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During his debut earnings call as CEO, John Ternus warned that soaring memory prices and heavy investments in Siri AI will weigh on Apple's profit margins.
During its recent earnings call, Apple hinted at exploring third-party AI partnerships and applications to fuel future services growth amid regulatory pressures on its App Store.