Apple Draws Heavy Searches as Cramer Cites Cost Pressures

On July 3, investor searches for Apple surged while Jim Cramer highlighted memory-chip cost pressures that contributed to a 7% June decline. The stock had rallied more than 4% to $306.64 on July 2 after Bank of America reiterated its $380 Buy target. Momentum built from BofA’s June 29 endorsement of Apple’s WWDC AI reset for Siri, reinforced by Berkshire’s $57.8 billion stake and a fresh $100 billion buyback. Zacks kept its consensus EPS at $8.74 and Rank #3 (Hold) as attention now shifts to the July 30 earnings report.