Memory Mayhem: The Hidden Threat to Apple's Dominance As Tim Cook prepares to hand over the reins at Apple, he left investors with a stark warning about the challenges ahead.
In his final earnings call as CEO, Cook painted a picture of a company struggling to cope with a perfect storm of supply chain constraints and skyrocketing memory chip prices.
The consequences are already being felt: sales of iPhones and Macs will slow in the coming months, gross profit margins will take a hit, and Apple's stock price has taken a 6% dive.