Apple to raise prices as AI boom pushes up chip costs
The firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.
Coverage by Political Leaning
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Notable Quotes
"We're doing our best to mitigate the huge increases that are being passed to us, and we've been trying to shield our customers from the increases, but the situation has become unsustainable."
— Tim Cook , Executive
"I decided to help Intel because we need to design and build our Chips right here in America."
— Donald Trump , Politician
Key People
Chiew Le Xuan is a smartphone market analyst at Omdia.
Former president of the United States known for his aggressive economic policies.
Tim Cook is the CEO of Apple Inc., known for leading the company through significant product innovations and expansions.
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All Coverage
The firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.
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