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

Apple CEO Tim Cook says a global memory chip shortage is beginning to bite, with rising costs expected to pressure margins ahead.

Apple faces iPhone pricing challenge, supply crunch as AI demand deepens global memory chip shortage

Apple reported blowout first quarter results after the bell on Thursday, on the back of all-time record iPhone sales, which, in turn, drove all-time record revenue for the company ...