{"id":1856,"date":"2026-06-20T12:09:26","date_gmt":"2026-06-20T12:09:26","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=1856"},"modified":"2026-06-20T12:09:26","modified_gmt":"2026-06-20T12:09:26","slug":"apple-boss-warns-unavoidable-price-rises-are-coming","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=1856","title":{"rendered":"Apple Boss Warns \u2018Unavoidable\u2019 Price Rises Are Coming"},"content":{"rendered":"<article>\n<p>Apple CEO Tim Cook said product prices will increase to offset rising costs of memory and storage chips. \u201cUnfortunately, price increases are unavoidable,\u201d Cook said, adding that while Apple has tried to mitigate the price increases, \u201cthe situation has become unsustainable.\u201d The 65-year-old billionaire did not specify when the increases would take effect or which devices would be affected. Analysts expect upcoming products, including the next iPhone 18 lineup, to see prices rise to $270 to maintain profit margins. The price pressure stems from a global shortage of DRAM memory and NAND storage chips, which are essential components in smartphones, computers, and other electronics. Demand from artificial intelligence companies has soared in recent months, driving chip prices higher as tech giants race to build AI infrastructure. Calling the situation a \u201chundred-year flood,\u201d Cook said he has never seen a commodity market swing so dramatically during his 40 years in the technology industry.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1850\">Luigi Mangione Pulls Surprise Reversal on Mental State Defense<\/a><\/p>\n<div><\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Apple CEO Tim Cook said product prices will increase to offset rising costs of memory and storage chips. \u201cUnfortunately, price increases are unavoidable,\u201d Cook said, adding that while Apple has tried to mitigate the price increases, \u201cthe situation has become unsustainable.\u201d The 65-year-old billionaire did not specify when the increases would take effect or which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1855,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-1856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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