> I read somewhere (don’t recall where) that Apple typically enters into contracts for RAM on a six-monthly basis and avoids longer term ones. Even in the curre

> I read somewhere (don’t recall where) that Apple typically enters into contracts for RAM on a six-monthly basis and avoids longer term ones. Even in the current situation since last year, it has avoided getting into multi-year contracts like the AI companies have. * when interest rates are declining, that’s a feature not a defect * when interest rates are rising, that’s a defect not a feature Southwest Airlines built its business on these kinds of bets.