1 min readfrom TechCrunch

As Tim Cook steps down, Apple hit record sales — but a chip shortage looms

Our take

As Tim Cook prepares to step down, Apple has achieved record sales, highlighting the company's resilience and enduring appeal. However, looming supply chain challenges, particularly from the ongoing chip shortage dubbed "RAMaggedon," could threaten this momentum. Cook has emphasized the potential impact of these supply chain headwinds on Apple's business, prompting concerns among investors and consumers alike. As the tech giant navigates this critical transition, the focus will be on how effectively it can manage production and maintain its innovative edge in a competitive market.
As Tim Cook steps down, Apple hit record sales — but a chip shortage looms
Cook warned that Apple is facing supply chain headwinds from RAMaggedon that could impact its business.

Read on the original site

Open the publisher's page for the full experience

View original article

Tagged with

#business intelligence tools#Apple#RAMaggedon#Tim Cook#supply chain#chip shortage#record sales#sales#headwinds#shortage#impact#steps down#company#business#warned#market#technology#production#facing#looms