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Apple stockpiles inventory as it braces for ‘significant supply constraints’
Apple is ramping up its inventory in anticipation of significant supply constraints, with CEO Tim Cook highlighting potential memory shortages. The company's inventory has surged to $11.1 billion, causing a 6% drop in stock during after-hou...
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Apple is ramping up its inventory in anticipation of significant supply constraints, with CEO Tim Cook highlighting potential memory shortages. The company's inventory has surged to $11.1 billion, causing a 6% drop in stock during after-hours trading. Full story and more reels: https://newsreel.video #Apple #SupplyChain #TechNews #Investing #StockMarket
Originally reported by TechCrunch.
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