The Verge reports Apple CEO Tim Cook labels rising memory costs unsustainable
In a recent discussion with the press, Tim Cook noted that surging memory expenses have forced Apple to consider price hikes across its hardware lineup. The outlet says limited supply and high AI demand are driving these adjustments.
The Verge reports that Apple's leadership expects unavoidable price increases for devices like the iPhone and Mac due to global RAM shortages. This follows recent shifts in the company's entry-level product pricing and configurations.
Higher component costs often lead to more expensive base models or the removal of budget-friendly storage tiers, impacting the affordability of next-generation Apple products.
The report attributes direct quotes from Tim Cook's interview with The Wall Street Journal.
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Report correction →- The VergePrimaryTim Cook says RAM expenses are ‘unsustainable’ and Apple is going to raise pricesEmma Roth
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