India's iPhone 17 base model is selling out due to rising memory chip costs. Retailers report a surge in demand as buyers anticipate upcoming price hikes. Apple has already increased prices for other devices globally and in India. Other smartphone brands have also implemented price adjustments on their models. This situation creates a unique market dynamic for Apple's popular device.

India's iPhone 17 base model is selling out due to rising memory chip costs. Retailers report a surge in demand as buyers anticipate upcoming price hikes. Apple has already…

A global memory-chip shortage driven by AI data center demand is making iPhones harder to buy, with potential price hikes of up to $270 on the iPhone 18