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...