Apple (AAPL) Increases MacBook, iPad Prices by $200 on Some Models

AI Summary

Apple (AAPL) announced price increases for MacBooks and iPads, raising costs by $200 or more on certain models due to rising memory costs. This decision has led to Apple's worst stock performance in over a year. The tech selloff, influenced by these price hikes, has created concerns in the market about consumer demand. Investors will be monitoring how these price changes impact sales and overall revenue moving forward.