Fortune·3 min read·medium
Tim Cook's final Apple earnings call amid ‘hundred year flood’ in memory chip pricing
A
Alexei Oreskovic
✦AI Summary
Apple CEO Tim Cook announced supply chain constraints affecting iPhone and Mac sales during his final earnings call, leading to a drop in share price. Despite the short-term challenges, the company remains focused on its transition to new leadership under John Ternus.
Apple said it is facing severe supply constraints that will affect sales of iPhones and Macs in the months ahead, underscoring the challenges looming over the company as Tim Cook prepares to hand over the CEO reins.
businesstechnology
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in