Apple Stockpiles Inventory as It Braces for 'Significant Supply Constraints' Apple's latest earnings report reveals both impressive sales figures and warning signs, as the company prepares for what outgoing CEO Tim Cook describes as a "hundred year flood" in memory pricing.
The tech giant has just reported its strongest June quarter ever, with iPhone and Mac sales growing 22% and 29% year over year.
However, this growth comes at a time when Apple is struggling to secure advanced memory nodes for its silicon chips.