Tim Cook's Final Earnings Call: Memory Chip Shortage to Impact iPhone and Mac Supply
fortune · reddit · 2026-07-31
In his final earnings call as Apple CEO, Tim Cook warned that the company is facing a "hundred-year flood" in memory chip pricing, leading to severe supply chain constraints. This crunch is making it difficult for Apple to obtain the advanced processors needed for its phones and computers, expected to negatively impact iPhone and Mac sales in the coming months.
Despite the current supply chain challenges, Cook expressed extreme optimism about the company's future under new leadership. He is set to pass the CEO baton to John Ternus in September.
Related event: Apple Warns of Once-in-a-Century Memory Chip Price Surge(2 posts)→
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