Elon Musk agrees with what Apple CEO Tim Cook said has shocked him; says: Biggest.. | TheBriefWire
Elon Musk agrees with what Apple CEO Tim Cook said has shocked him; says: Biggest..
Published 30 June 2026 ยท tech
Tech giants like Apple and Microsoft are significantly increasing prices for devices like iPads, MacBooks, and Xbox consoles due to a severe global memory chip
Tech giants like Apple and Microsoft are significantly increasing prices for devices like iPads, MacBooks, and Xbox consoles due to a severe global memory chip shortage. This surge, driven by the AI boom's demand for data centers, has quadrupled memory costs. Apple stated they absorbed these increases for as long as possible before passing them on to consumers.
Published: June 30, 2026 โข 10:04 AM IST ยท Updated: June 30, 2026 โข 1:32 PM ISTBy TheBriefWire Editorial Team
Key points
Tech giants like Apple and Microsoft are significantly increasing prices for devices like iPads, MacBooks, and Xbox consoles due to a severe global memory chip shortage.
This surge, driven by the AI boom's demand for data centers, has quadrupled memory costs.
Apple stated they absorbed these increases for as long as possible before passing them on to consumers.