Apple’s Latest Reveal Proves That Micron Has “More Room To Run” Tim Cook’s decision to raise iPhone prices by 5-10% signals that Apple cannot fully absorb the rising costs of memory chips, validating Gene Munster’s bullish thesis on Micron Technology. The move underscores the growing pressure on semiconductor pricing and highlights the broader implications for the memory chip industry. Munster, managing partner of Deepwater Asset Management, linked Apple’s pricing strategy to the significant gains in memory stock prices, arguing that the company’s public acknowledgment of cost pressures reinforces the potential for further appreciation in chip valuations. Munster’s analysis, presented during a CNBC segment on June 18, 2026, emphasized that Apple’s willingness to pass on memory inflation to consumers is a critical indicator of the industry’s dynamics. According to the segment, Cook’s disclosure to the Wall Street Journal about the price hikes signals the severity of the issue. Munster argued that the move reflects Apple’s operational constraints and reinforces market confidence in the continued upward trajectory of memory chip prices. The analyst estimated that Apple would absorb part of the cost burden, with consumers facing a 5-10% price increase. This decision, despite Apple’s strong financial position—highlighted by $56.994 billion in iPhone revenue in the previous quarter and a $100 billion buyback authorization—signals how acute the input cost situation has become. Micron Technology (NASDAQ:MU) is positioned as the primary beneficiary of this pricing trend. The company’s stock has surged 265.68% year-to-date and 768.98% over the past year, reflecting investor confidence in its prospects. Micron’s Q3 revenue guidance of $33.#apple #micron_technology #tim_cook #gene_munster #deepwater_asset_management
