# Apple earnings show hardware strength despite memory challenges

> Original title: Apple Earnings, Memory Problems, The Hardware Company Regression

- Source: Stratechery
- Published: 2026-11-03T11:00:00.000Z
- Bad Influence: https://badinfluence.news/items/pb40zatvs431pw1mf9mydun9o
- Original: https://stratechery.com/2026/apple-earnings-memory-problems-the-hardware-company-regression/

## Summary

Stratechery's Ben Thompson says Apple's earnings suggest its hardware business is doing better than ever despite memory challenges. He asks whether the software story helps or hurts that position. The source gives no figures for revenue, margins, or memory costs.