Redington shares surged over 10% after Apple CEO Tim Cook signalled potential price hikes due to rising memory and storage costs driven by AI demand. Investors bet on improved margins for Redington, a key Apple distributor, even as the company reported a year… For the full story, visit the source.
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Redington shares rally 10% after Apple CEO Tim Cook says price hikes 'unavoidable' amid AI boom
Redington shares surged over 10% after Apple CEO Tim Cook signalled potential price hikes due to rising memory and storage costs driven by AI demand. Investors bet on improved margins for Redington, a key Apple distributor, even as the company reported a year…
By Debaroti Adhikary· The Times of India· 4 months ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India