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 Apple didn't want to raise its prices but was forced to do so because of exponential increases in memory costs, Apple CEO Tim Cook said today during the company's Q3 2026 earnings call. Apple increased prices for Macs and iPads in June because memory prices have surged.
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 Apple today announced financial results for its third fiscal quarter of 2026, which corresponds to the second calendar quarter of the year.
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 Apple CEO Tim Cook today confirmed that today's call was his last as CEO, with John Ternus set to become Apple's new CEO on September 1. Cook will transition to a new role as executive chairman when Ternus becomes CEO.
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 The FCC this week banned all new "foreign-produced advanced robotic devices" because of an "unacceptable risk to the national security of the United States." The government says networked robotic systems lead to vulnerabilities that allow bad actors to control the devices and collect surveillance data from Americans.
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