Comment Even if they built their own fabs.... (Score 1) 42
Probably everybody suspects that AI is a bubble that will end and would be hesitant to force Apple to look elsewhere. Elsewhere includes building their own fabs... they don't do this because the margins aren't big enough, but if prices rise, they might and existing fabs will lose Apple as a customer forever. Apple is one of the few companies that would really be capable of pulling off something like that. Vertical integration is their specialty - why not a little higher? The ones with the fabs likely know this, or are at least a bit afraid of it.
OK, so they make their own fabs. Aren't the components in short supply? Aren't they paying more for ASML machines?...etching chemicals?...high-end silicon? It's like the Strait of Hormuz closing...the USA is now an oil exporter, so we're not impacted, right?...nope!!!...because everyone who is impacted is now buying from the USA and our gas prices went up nearly as much as everyone else's. OK, so Apple can make their own chips?....what's to stop them from jacking up the price since the market is willing to pay? They make more money, but they're not going to be virtuous and underprice their machines in a market that's willing to pay far more than they should.