Apple faces chip shortage, iPhone sales also affected
Published 22 hours ago | By Pak24tv
Apple has revealed in its latest report that the company is facing a severe shortage of memory chips for its devices, which has also affected iPhone sales. CEO Tim Cook has warned that the global shortage of chips could negatively impact the company’s overall performance.
This situation has come at a time when the iPhone 17 Pro series and the new cheaper MacBook are selling well, even despite the decline in demand for other consumer electronics. However, the shortage of chips is preventing these sales from increasing further.
This news is also important because these results come at a time when Apple’s incoming CEO John Ternus is preparing to take over from Tim Cook, who led the company for 15 years. This shortage of chips could prove to be a major challenge for the new leadership.
