The Apple Conundrum: Price, Profit, and the Perils of Supply Chain Dependence In a recent exchange on CNBC, Jim Cramer shared an intriguing conversation with Tim Cook about Apple's ongoing struggle to manage memory shortages and iPhone pricing.
While discussing Apple's quarterly earnings and revenue growth, Cramer revealed the strain that supply chain constraints are putting on Apple's bottom line.
The memory shortage, exacerbated by the COVID 19 pandemic and subsequent semiconductor shortages, has led to higher prices across all of Apple's products.