Jacob Smith

18 Jun 2026

Apple is preparing to raise product prices as soaring memory chip cos… – Jacob Smith

Apple is preparing to raise product prices as soaring memory chip costs continue to impact manufacturing expenses, according to company leadership. Outgoing CEO Tim Cook described the situation as unsustainable, suggesting that price increases may be unavoidable. While Apple has not confirmed which products will be affected or when the changes will take effect, the announcement has sparked speculation about future iPhone and device pricing in global markets. #Apple #Technology #iPhone #TechNews