Apple increases MacBook and iPad prices by 20%
Apple has raised prices on its MacBook and iPad models by approximately 20% across multiple markets, citing increased component costs and currency fluctuations as key drivers for the adjustment.
Apple has raised prices on its MacBook and iPad models by approximately 20% across multiple markets, citing increased component costs and currency fluctuations as key drivers for the adjustment.
Apple CEO Tim Cook said price increases on Apple products are unavoidable due to surging memory and storage chip costs. He declined to specify timing or which products would be affected, calling the commodity price swing a "hundred-year flood" unseen in his 40-year career.
Apple issued a statement explaining that surging demand for memory and storage from AI data centers has driven an unprecedented component price increase. The company said it has shielded customers from these costs until now, but must begin raising prices on products like iPad and Mac.
Apple CEO Tim Cook warned in a WSJ interview that the company plans to raise device prices due to rising RAM and SSD costs. Mark Gurman expects the increases to be imminent, possibly tied to Apple's back-to-school sale. John Gruber speculates price hikes are more likely to arrive with new fall hardware like the iPhone 18 Pro, not mid-cycle.