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A shortage in memory chips is hitting tech hard, and even Apple's not immune

Tim Cook says Apple is starting to feel the impact of a global memory chip shortage.

Ludovic MARIN / AFP via Getty Images

  • Apple CEO Tim Cook says a global memory chip shortage is beginning to bite.
  • The company expects memory costs to weigh more heavily on margins in the second quarter.
  • "We do continue to see market pricing for memory increasing significantly," Cook said.

The global memory chip shortage is catching up with Apple, Tim Cook says.

The Apple...

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