Apple raises Mac and iPad prices citing AI-driven memory chip shortage
By
Barbara Ortutay
Summary
Apple has raised prices across its Mac and iPad lineup due to a memory chip shortage driven by surging demand from AI data centers. The entry-level MacBook Neo increased from $599 to $699, with similar price hikes on MacBook Air, MacBook Pro, iPad Air, and iPad Pro models. Analysts expect iPhone prices to rise later this year as well.
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Key quotes
· 3 pulledThe rapid expansion of AI data centers has created an extraordinary surge in demand for memory and storage.
We have never seen a component price increase this much, this quickly.
Apple called the demand spike an 'unprecedented challenge' for the consumer electronics industry.
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