Items tagged with crisis

Both analysts and Apple are warning that the price of hard drives, which has already been creeping upwards the past few weeks, could jump significantly in Q4 due to catastrophic floods taking place in Thailand. During Apple's conference call this week, CEO Tim Cook said: ""Like many others, we source many components from Thailand and have multiple factories that supply these components. There are several factories that are currently not operable, and the recovery timeline for these factories is not known at this point... We would say that our primary exposure is on the Mac...I'm virtually certain... Read more...