Apple (AAPL) Raises Prices by Nearly 20% on MacBooks and iPads
Published on · Source: bbc.co.uk
AI Summary
Summarized by AI from the source belowApple (AAPL) has announced price increases of nearly 20% on select MacBooks and iPads due to rising costs of memory and storage chips. This move comes as the overall electronics industry faces significant challenges, attributed to increased demand from AI data centers. The MacBook Pro with 1 terabyte of storage increased from $1,699 to $1,999 in the US. Alongside Apple, Xbox's console prices will also rise, with increases between $100 and $150, reflecting broader pressures in the consumer electronics market.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Apple Inc. (AAPL)
Apple designs and sells consumer electronics: the iPhone, Mac, iPad and Apple Watch. It also runs a fast-growing services business spanning the App Store, iCloud and Apple Pay.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
Earlier AAPL news
- Micron (MU) Reports Results, Apple (AAPL) Faces Memory Chip Costs
- Apple (AAPL) Stock Drops 5% After Price Hikes on MacBooks, iPads
- Apple (AAPL) Featured in Prime Day Deals Update with Top Brands
- WSJ Reports on Current Market Trends Affecting Key Tickers
- Apple (AAPL) Offers Over 60% Discounts During Prime Day Sale
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