Apple Faces Mounting Memory Chip Crunch: Tim Cook Signals Margin Pressure Amid AI Boom
Apple CEO Tim Cook addressed the escalating global memory shortage during the company’s Q1 2026 earnings call, revealing rising RAM and storage chip prices had minimal impact on December quarter margins but expects greater effects this quarter. Despite blockbuster revenue of $143.8 billion—up 16% year-over-year—and iPhone sales surging 23%, Cook
