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Apple reported record sales as Tim Cook stepped down as CEO, but warned of supply chain pressure from a RAM chip shortage dubbed RAMaggedon. The shortage could limit device production across Apple's product lines, threatening future revenue. The impact will depend on how severe and prolonged the supply crunch turns out
Apple posted $57 billion in iPhone revenue for the March 2026 quarter, up 22 percent, with total revenue reaching $111.2 billion. Chip shortages limited supply even as CEO Tim Cook said demand was "off the charts." The results come days after Apple announced Cook's September retirement and named John Ternus as his
Tag
Apple reported record sales as Tim Cook stepped down as CEO, but warned of supply chain pressure from a RAM chip shortage dubbed RAMaggedon. The shortage could limit device production across Apple's product lines, threatening future revenue. The impact will depend on how severe and prolonged the supply crunch turns out
2mo ago · 1 min · Business
Apple posted $57 billion in iPhone revenue for the March 2026 quarter, up 22 percent, with total revenue reaching $111.2 billion. Chip shortages limited supply even as CEO Tim Cook said demand was "off the charts." The results come days after Apple announced Cook's September retirement and named John Ternus as his
2mo ago · 1 min · Business
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