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Just hours after Apple CEO Tim Cook said price hikes would be needed to cover the cost of microchips, the producers of those semiconductors pushed markets in South Korea and Taiwan to record highs.
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Apple CEO says price hikes are ‘unavoidable' as rising chip costs squeeze tech giant: report Fox BusinessApple boss Tim Cook says prices to rise due to memory chip costs BBCTim Cook says iPhone price increase is 'unavoidable' MashableApple to raise prices due to memory chip shortage, CEO tells WSJ Yahoo Finance
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Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Wednesday.
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