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Apple hikes Mac and iPad prices amid chip shortage

Bloomberg Markets •
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Apple Inc. lifted prices on its Mac computers, iPad tablets, HomePod devices and the Vision Pro headset on Thursday, a move designed to absorb higher component costs. The adjustments affect entry‑level models through premium configurations, pushing base SKUs several dollars higher and nudging flagship variants closer to $2,000. Analysts see the shift as a rare price hike in a market where competitors have largely frozen tariffs.

The hikes stem from an unprecedented shortage of memory chips and storage modules that has squeezed margins across the tech sector. Suppliers report that demand for high‑bandwidth RAM outpaces production, forcing Apple to absorb cost spikes rather than pass them to consumers. This pressure mirrors similar moves by other OEMs who faced component bottlenecks earlier this year.

Investors will watch how the pricing shift influences demand for Apple’s premium ecosystem. Higher sticker prices could dampen sales momentum in the back‑to‑school window, yet the company banks on strong brand loyalty to sustain revenue. The move underscores that even market‑dominant firms must adjust pricing when supply constraints erode profitability. Analysts note that the adjustments may also improve gross margin targets for the fiscal quarter.