Apple’s Price Hike Driven by AI Chip Shortage

Apple’s about to raise prices on its premium devices as chip costs soar — CEO Tim Cook admits it’s unavoidable. With memory and storage chips quadrupling in price due to AI-driven demand, Apple’s next iPhone Pro could hit $1,299, a $200 jump. Last adjusted in September 2025, this would be the steepest increase yet. Cook says Apple needs chip prices to stabilize — but for now, consumers are paying the premium. 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/dd771b82a2cddf81