Apple Raises Prices Amid Chip Crunch

Apple’s stock nosedived over six percent, erasing $270 billion in market value, as the company raised prices on MacBooks and iPads for the first time ever — passing on soaring memory and storage costs fueled by the AI boom. With chip shortages and industry-wide demand surging, Apple’s MacBook Air jumped to $1,299 and iPad Air hit $749, sending shockwaves through the tech sector, including Dell, HP, Lenovo, and Samsung. Analysts warn this supply crunch is straining the entire industry and rattling investor confidence. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/51cad88dc83785cd