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Apple raises prices of MacBooks, iPads as memory costs skyrocket

Apple raises prices of MacBooks, iPads as memory costs skyrocket
AI Summary

Apple has increased the prices of its MacBook and iPad lines, citing record-high costs for memory and storage components. The price hikes are attributed to the high demand for chips from the AI industry, which has constrained supply for consumer electronics.

Why it matters

This illustrates how the rapid expansion of AI infrastructure is creating supply chain bottlenecks and inflationary pressure on consumer technology products.

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A new MacBook laptop is presented at Apple s annual Worldwide Developers Conference at the company s headquarters in Cupertino, California, U.S. June 5, 2023. REUTERS/Loren Elliott

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Confidence: 90%

The article reports on market dynamics and corporate statements objectively.

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