[DAILY TRADING] AAPL Stock, 22 June 2026 – Holds Near $298 After Warning on Higher Memory Costs
Apple stock (AAPL) is at $297.87 on the Vantage AAPL CFD as of 06:11 UTC on 22 June 2026 (14:11 GMT+8), sitting between its 50-period MA at 297.55 and 200-period MA at 294.81 on the 15-minute chart. AAPL closed the prior Friday at $298.01 and has traded in a narrow range since, despite the week’s pricing-related headlines.
On 17 June, CEO Tim Cook told the Wall Street Journal that product price increases are “unavoidable” as surging AI data-centre demand has driven memory costs beyond what Apple can absorb. All data is from the Vantage AAPL CFD as of 06:11 UTC, 22 June 2026. For informational purposes only; not investment advice.[1]
Key Points
- AAPL stock price today: $297.87 on the Vantage AAPL CFD as of 06:11 UTC, 22 June 2026. Sitting between its 50-period MA (297.55) and 200-period MA (294.81) per the TradingView setup used for this analysis. RSI at 52.83, neutral.
- Q2 FY2026: Revenue $111.18 billion, up 17% year over year. Gross margin 49.3%, the highest in at least eight quarters. Services $30.98 billion, above estimates.[2]
- Memory cost picture: TrendForce data shows conventional DRAM prices rose 90–95% quarter over quarter in Q1 2026 and are forecast to rise a further 58–63% QoQ in Q2. Cook called it a “hundred-year flood.”[3][1]
AAPL Chart: 15-Minute Setup
The 15-minute chart covers 8 to 22 June 2026. AAPL opened near $314 before a sharp sell-off on 9 June 2026 pushed price to roughly $287. A recovery followed through the second week, reaching above $300 by 16 June 2026, before stalling near $303 and pulling back to the current range.

The RSI at 52.83 sits just above the 50.10 signal line — neither oversold nor overbought. Volume spiked to 350.51K on the latest bar per the Vantage CFD feed, a notable pickup after quieter sessions. With the 50-period and 200-period MAs converging at $297.55 and $294.81, the chart is in a compressed setup that often resolves on the next material catalyst.
Key Levels — Vantage AAPL CFD (06:11 UTC, 22 June 2026)
| Support 1 | Support 2 | Resistance 1 | Resistance 2 |
| $294.81 (200-period MA) | $290.00 | $299.24 (session high) | $303.00 |
Table 1: Key levels on the Vantage AAPL CFD as of 06:11 UTC, 22 June 2026. From the TradingView setup used for this analysis. Indicative only.
What Is Driving Apple Stock News Today
Q2 FY2026: Record Margin, Services Beat
Apple’s Q2 FY2026 results (30 April) showed revenue of $111.18 billion, up 17% year over year, above the LSEG consensus of $109.66 billion. EPS of $2.01 beat estimates. Gross margin of 49.3% was the highest in at least eight quarters, driven by Services revenue of $30.98 billion, above the $30.39 billion estimate. iPhone revenue rose 22% year over year but missed the segment estimate, the only shortfall. Management guided Q3 FY2026 revenue growth of 14% to 17%. A further $100 billion in share repurchases was authorised.[2]
Rising Memory Costs: Cook’s Warning and the TrendForce Data
Cook told WSJ that Apple had been absorbing supplier increases to protect customers, but the situation had become unsustainable. He described the pricing environment as a “hundred-year flood,” adding: “I’ve never seen anything like it in any area in over 40 years.”[1][8]
TrendForce data puts context around the claim. Conventional DRAM contract prices rose 90–95% quarter over quarter in Q1 2026, and are forecast to climb a further 58–63% QoQ in Q2. NAND Flash contract prices rose 55–60% QoQ in Q1 and are projected at 70–75% QoQ in Q2, per the same TrendForce surveys.[3] The driver is AI infrastructure: cloud service providers are securing the bulk of available memory through long-term agreements, reducing supply available to consumer electronics makers.
MacRumors, citing TechInsights, estimates that maintaining current profit margins could require raising the iPhone 18 Pro price by around $270 from the current $1,099 tier — potentially reaching $1,299. Cook did not name specific products or timing.[4]
Apple-Intel Chip Deal: Trump’s Announcement, Intel Declines to Comment
On 18 June 2026, President Trump said via Truth Social that Apple had agreed to work with Intel to design and build chips in the United States. Intel’s shares rose more than 10% on the day. Intel said it would not comment on a potential Apple-Intel agreement. Apple did not respond to media requests.[5]
Bloomberg previously reported that Apple had held exploratory discussions with Intel and Samsung about US-based chip production.[6] The Wall Street Journal separately reported that a preliminary agreement was reached in May 2026 after more than a year of negotiations — though neither company has publicly confirmed the terms.[9]
What to Watch
- Memory cost updates, ongoing: TrendForce projects a shortage through 2026, with capacity relief unlikely before late 2027 or 2028.[3] Any easing signal would reduce near-term pressure on Apple stock.
- Q3 FY2026 earnings, late July: Management guided 14% to 17% revenue growth. Watch whether iPhone and Mac supply constraints weighed on the result.
- iPhone 18 pricing, September 2026: The back-to-school period and the fall launch window are the most likely moments for confirmed aapl stock news on device prices and aapl share price impact.
Stop Loss and Exposure Management
The 200-period MA at $294.81 per the TradingView setup used for this analysis is the nearest structural support on the Vantage AAPL CFD. The session high of $299.24 marks current resistance. The AAPL 52-week range spans $196.86 to $317.40 per Investing.com data.[7] Unscheduled management statements on pricing, supply chains, or the CEO transition can produce sharp intraday moves. Stop Loss placement relative to the $294.81 and $299.24 levels is the primary structural reference in the current setup.
Leverage and Position Sizing
Leverage in share CFD trading amplifies both potential returns and potential losses. AAPL’s sensitivity to management statements means positions can reach Stop Loss levels faster than calmer conditions would suggest. Reviewing position sizing relative to account equity before earnings, pricing announcements, or the September product launch is relevant for this Apple stock setup.

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References
[1] “Apple to raise prices due to memory chip shortage, CEO tells WSJ – Reuters via Yahoo Finance” https://finance.yahoo.com/technology/articles/apple-raise-prices-due-memory-212327523.html Accessed on 17 June 2026.
[2] “Apple (AAPL) Q2 2026 earnings report – CNBC” https://www.cnbc.com/2026/04/30/apple-aapl-q2-2026-earnings-report.html Accessed on 30 April 2026.
[3] “AI Server Demand to Drive Memory Contract Price Increases in 2Q26 – TrendForce” https://www.trendforce.com/presscenter/news/20260331-12995.html Accessed on 31 March 2026.
[4] “Tim Cook Says Apple Price Increases Are Unavoidable Due to Memory Costs – MacRumors” https://www.macrumors.com/2026/06/17/apple-increasing-prices/ Accessed on 17 June 2026.
[5] “Intel shares leap after Trump says it’s working with Apple to make chips in the US – CBS News” https://www.cbsnews.com/news/intel-intc-shares-trump-apple-chip-agreement/ Accessed on 18 June 2026.
[6] “Intel Corp. stock surges after Trump says chipmaker will work with Apple – Bloomberg” https://www.bloomberg.com/news/articles/2026-06-18/intel-intc-share-price-soars-after-trump-says-it-struck-apple-chip-deal Accessed on 18 June 2026.
[7] “Apple Inc. (AAPL) – Investing.com” https://www.investing.com/equities/apple-computer-inc Accessed on 22 June 2026.
[8] “Apple CEO says price hikes are ‘unavoidable’ as rising chip costs squeeze tech giant – Fox Business” https://www.foxbusiness.com/fox-news-tech/apple-ceo-says-price-hikes-are-unavoidable-rising-chip-costs-squeeze-tech-giant-report Accessed on 22 June 2026.
[9] “Apple, Intel have reached preliminary chip-making deal, WSJ reports – Reuters” https://money.usnews.com/investing/news/articles/2026-05-08/apple-intel-have-reached-preliminary-chip-making-deal-wsj-reports Accessed on 22 June 2026.