Apple will raise prices across its product lineup due to soaring memory chip costs, CEO Tim Cook says.
Apple Inc.
(NASDAQ:AAPL) is preparing to raise prices across its product lineup after CEO Tim Cook acknowledged the company can no longer absorb skyrocketing costs for memory and storage components.
AAPL stock is moving.
See the chart and price action here.
Apple To Raise Prices "Unfortunately, price increases are unavoidable," Cook said in a Wall Street Journal interview published Wednesday.
Apple to raise prices due to memory chip shortage, says CEO Tim Cook
Apple to raise prices due to memory chip shortage, CEO Tim Cook says: Report
Apple to raise prices due to memory chip shortage, CEO tells WSJ
Apple to raise prices as memory chip shortage bites, Tim Cook says
Apple To Raise Prices Due To Memory Chip Shortage, CEO Cook Tells WSJ
Apple to raise prices due to memory chip shortage
Apple to raise prices due to memory chip shortage, CEO Tim Cook says
Apple plans price increases as CEO Tim Cook cites rising chip costs from AI boom
Apple CEO: Price rises ‘unavoidable’ amid AI boom
Supply crunch forces Apple to raise prices across all devices
