Apple CEO Tim Cook had earlier warned of price hikes due to the memory chip shortage, saying "price increases are unavoidable." ...
After 15 years at the helm, Tim Cook is stepping down as CEO of Apple and handing over the reins to the company’s senior vice president of hardware engineering, John Ternus. Cook, who joined Apple in ...
The increases come a week after Tim Cook said higher memory costs made them “unavoidable.” ...
Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an "unsustainable" memory shortage.
John Ternus, the company’s senior vice president of hardware engineering, will replace Cook as CEO on September 1. Cook will stay on as executive chairman. Cook’s departure had been speculated upon in ...