Apple has found itself dealing with component shortages exacerbated by the AI boom, and the company is scrambling for solutions.

July 31 (Reuters) - Apple shares fell nearly 10% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom ...

Apple CEO Tim Cook said he sees supply chain problems improving in the March quarter. The comments sent Apple shares up as much as 5%. Cook's comments on the supply chain echo those of his peers in ...

Supply constraints for DRAM and storage are expected to continue according to Apple CEO Tim Cook. These constraints will also see prices increase, as such, Apple plans to monitor and evaluate the ...

Apple's services, iPad, and China segments all came in below Wall Street's estimates, as did its guidance for the current quarter's revenue growth.

Apple is worried enough about supply shortages that it reported about $11.1 billion in inventory, which is almost double the $5.7 billion it reported last September.

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Tim Cook will be stepping down from Apple's CEO post in September. Tim Cook may not have had the same flash as Steve Jobs, but he wielded an unassuming superpower that helped grow Apple into a $4 ...

Tim Cook is the chief executive officer of Apple and a member of its board of directors. Since succeeding co-founder Steve Jobs, Cook has led the company through a period of substantial expansion, ...

John Ternus, Apple's hardware boss, will take over for Tim Cook as CEO starting September 1. Cook will stay on as executive chairman.