As Storage Costs Bite, Apple Hikes Prices Of iPads & MacBooks In India

by · Inc42

SUMMARY

  • Apple has increased the prices of many of its products such as MacBooks, iPads, Apple TV and HomePod devices between 14% to 88%
  • Joining the bandwagon, Microsoft has also raised the prices of its Xbox console prices between $100 to $150 amid soaring hardware costs
  • Owing to massive demand from data center companies, manufacturers are prioritising high-margin AI chips, which has resulted in inflation in the consumer electronics space