Apple has raised AppleCare+ monthly and annual subscription fees for new Mac and iPad buyers. Existing customers will maintain their current AppleCare+ subscription rates without any changes. This price adjustment follows recent increases in Mac and iPad hardware costs. Industry reports suggest rising memory costs are impacting technology manufacturing expenses. Future iPhone models may also see increased pricing due to component costs.

As Bloomberg reports, Apple has increased its monthly and annual AppleCare+ rates for new Mac and iPad customers. Here are the details.

Apple raised monthly AppleCare+ subscriptions by 50 cents for Macs and iPads, extending a wave of price increases driven by the global memory chip shortage.

Putting the “plus” in AppleCare Plus.