AAPL slides as memory costs rise and earnings near
NEW YORK, January 7, 2026, 15:49 EST — Regular session
- Apple slips in afternoon trade as investors weigh higher component costs and a split tape in megacap tech.
- Evercore stayed bullish with a $325 target, while Raymond James warned valuation caps near-term upside.
- Next catalysts include Friday’s U.S. jobs report and Apple’s results later this month.
Apple shares fell 0.6% to $260.78 in afternoon trading on Wednesday, sliding to a session low. Evercore analyst Amit Daryanani stuck with a $325 target — about 25% above that level — even as he pointed to a projected 40%-50% jump in NAND flash and DRAM memory prices in early 2026, Barron’s reported. Barron’s
The move matters because Apple remains a…
