Apple's latest price hike has left many consumers wondering if the company's flagship product, the iPhone, is next on the chopping block. In a move that has sent shockwaves through the tech industry, Apple has announced that it can no longer absorb the rising costs of memory and storage chips, which have skyrocketed due to the AI industry's massive datacenter buildout. As a result, the prices of Apple's iPads and MacBooks are set to increase, with the entry-level MacBook Neo facing a $100 price hike just months after its launch. This development raises concerns about the future of Apple's pricing strategy, particularly when it comes to its most profitable product line, the iPhone.


Company says it cannot shield customers from memory and storage chip costs – and iPhone hikes could be nextApple raised iPad and MacBook prices on Thursday, saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry’s datacenter buildout.The move does not affect Apple’s cash cow, the iPhone. But it would take starting price of the ⁠Neo, its lowest priced laptop, from $599 to $699 mere months after launch. Continue reading...