Western Digital Q1 Gross Margin Hits 58% on AI Cloud Storage
Western Digital posted Q1 FY27 revenue of $4.38B as gross margin surged to 58.1% on cloud storage demand, lifting free cash flow to $1.38B.
gross margin
Apple’s $100 iPhone 18 Pro Hike Meets 3-Week Delivery Backlog
Apple’s iPhone 18 Pro and Pro Max arrived in stores with a $100 price hike. But 3-week delivery delays show strong demand, lifting Q1 blended ASPs.