Apple CEO Tim Cook: Product “price increases are unavoidable” due to the surging costs of memory and storage chips, though, “We’re doing our best to mitigate the huge increases that are being passed to use and we’ve been trying to shield our customers from the increases, but the situation has become unsustainable.” $Apple(AAPL.US) $SSNLF $HXSCL $Micron Tech(MU.US) $Sandisk(SNDK.US) $Western Digital(WDC.US) $Seagate Tech(STX.US) #Kioxia #semiconductors
Source: Dan Nystedt
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