Business & Economy · 43 views
Tim Cook signed off on his final Apple earnings call with a warning about a ‘hundred year flood’ in memory chip pricing
The iPhone maker said sever constraints in the supply chain will affect sales of iPhones, Macs, and iPads in the current quarter.
AI Summary
The warning issued by Tim Cook on Apple's earnings call highlights a significant challenge facing the company. A 'hundred year flood' in memory chip pricing is a term used by Cook to describe the severe constraints in the supply chain that will impact Apple's sales of iPhones, Macs, and iPads in the current quarter.
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