\n\n

Apple’s iPhone and Mac sales keep growing despite RAM shortages

Apple’s iPhone and Mac sales are on the rise even as a global memory shortage squeezes device makers. In its third-quarter earnings report released on Thursday, Apple revealed that iPhone sales jumped 22 percent to $54.25 billion and Mac sales increased 29 percent to $10.35 billion, driving the company’s overall revenue to $109.4 billion.

The company expects supply chain constraints to worsen in the coming months. During an earnings call, Apple chief financial officer Kevan Parekh said Apple expects “supply constraints to increase significantly” in the next quarter, adding the shortage will impact the iPhone, Mac, and iPad. Meanwhile, Apple …

Read the full story at The Verge.

Related Posts

Reddit reports a solid quarter but shows signs of AI’s impact

Reddit’s financial situation is looking good but uncertainty about its relationship to Google and the new AI-ified web are stirring market concerns.

Investors love AI, as long as you’re a cloud host

Amazon isn’t slowing down on data center spending — but investors don’t seem to mind.

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Veterans head to Caltech for Warrior-Scholar Project academic boot camp

Veterans head to Caltech for Warrior-Scholar Project academic boot camp

Veterans head to Caltech for Warrior-Scholar Project academic boot camp

Veterans head to Caltech for Warrior-Scholar Project academic boot camp

Army veteran files $3M claim, says Idaho National Guardsmen injured her in arrest

Army veteran files $3M claim, says Idaho National Guardsmen injured her in arrest

Navy awards contracts for 14 new attack and ballistic missile submarines

Navy awards contracts for 14 new attack and ballistic missile submarines

Ramen bar delivers bold flavors near Sasebo Naval Base, Japan

Ramen bar delivers bold flavors near Sasebo Naval Base, Japan

Exploring Japan’s iconic woodblock print tradition in Yamaguchi prefecture

Exploring Japan’s iconic woodblock print tradition in Yamaguchi prefecture