WS #10065
Apple CEO Tim Cook announced price increases across product lines due to a severe memory chip shortage, described as a '100-year flood', which is bullish for memory chip makers but bearish for Apple's demand and margins.
Apple Price Hike Due to Memory Chip Shortage
Apple CEO Tim Cook announced price increases across product lines due to a severe memory chip shortage, described as a '100-year flood', which is bullish for memory chip makers but bearish for Apple's demand and margins.