AAPL is trading 2.1% up at $281.04 as investors partially reverse Thursday’s sharp drop tied to hardware price increases.
- The prior session's decline followed news of price hikes for Mac, iPad, and other devices.
- These price adjustments are reportedly driven by persistent memory shortages in the supply chain.
- Today's recovery comes amid a modestly positive broader market, though the move is seen mainly as a rebound from the previous reaction.