Tim Cook Reports Record Apple Revenue Before Warning of Chip Shortage

#WashingtonDC, #USA
Apple reported record revenue of $143.8 billion for the first quarter of 2026 after a 38 percent sales surge in China and strong demand for the iPhone 17.Tim Cook warned that a worsening global memory chip shortage and price hikes from suppliers will pressure profit margins as the company enters a supply chase mode.The technology giant also confirmed the $2 billion acquisition of Q.ai and a strategic partnership with Google to integrate Gemini artificial intelligence into future updates.
Published:8h |Updated:1h
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#Israel#SouthKorea#China#TimCook#Apple#JensenHuang#USA#AviadMaizels#Google#JacobBourne#Qai
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