Apple, AMD navigate chip shortage with focus on profitable products
The Hindu
Apple Inc said on Tuesday chip shortages had mostly affected its iPad and Mac products in its last quarter, but would start to bite into its mainstay iPhone business, its bestseller and major profit driver, in the current quarter.
The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing supplies to their most profitable products, analysts and executives said. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) Apple Inc said on Tuesday chip shortages had mostly affected its iPad and Mac products in its last quarter, but would , its bestseller and major profit driver, in the current quarter.More Related News