Apple CEO Tim Cook Says Price Increases on Future iPhones Are Unavoidable
By
Jon Mundy
Summary
Apple CEO Tim Cook has warned that price increases on future devices, including the iPhone 18, are "unavoidable" due to rising costs in the supply chain. While Apple has tried to shield customers from these increases, the situation has become unsustainable. The article discusses how a RAM crisis is affecting smartphone manufacturers and whether Apple might absorb costs on its flagship phone while raising prices on other models.
Source
Key quotes
· 3 pulledApple CEO Tim Cook just told The Wall Street Journal that 'price increases are unavoidable' in future devices.
"We're doing our best to mitigate the huge increases that are being passed to us, and we've been trying to shield our customers from the increases, but the situation has become unsustainable," he told the publication.
Whether this means that the iPhone 18 is actually going to be more expensive after all... or if Apple is going to take the hit on its flagship phone and boost prices on other models remains t
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