Tim Cook, who revolutionized Apple’s supply chain during nearly three decades leading the company, is leaving his CEO position facing the most daunting challenge of his tenure. Apple is currently dealing with a severe component shortage, particularly in memory, exacerbated by surging demand driven by the AI boom. The company ticker AAPL reportedly has no immediate solutions in sight to resolve this bottleneck. This situation comes as Cook had successfully guided Apple through trade wars, pandemic shutdowns and other major obstacles.
Source: Read the original article
