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Apple Warns of Rising Memory Chip Costs and Surging Inventory
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AIApple has reported strong sales but warned of rising costs driven by a memory chip shortage. Meanwhile, the company's inventory surged 154% to $14.5 billion as chip prices continue to climb, marking the first earnings report under new CEO John Ternus.
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- gnewsApple forecasts margin drop in holiday quarter as rising memory costs bite
- gnewsApple forecasts margin drop in holiday quarter as rising memory costs bite
- gnewsApple warns on rising costs from memory chip shortage
- gnewsApple’s inventory surges 154% as memory chip costs climb
- gnewsApple outpaces sales expectations as it continues to battle surging memory chip costs
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