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Why is Apple increasing prices?

Apple CEO Tim Cook confirmed the company would increase product prices in an interview last week. Cook explained that price increases had simply become “unavoidable” amid skyrocketing component costs affecting things like memory and storage. While Apple tried to weather the storm itself, the situation was ultimately “unsustainable.” “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,” Cook said in the interview. Cook specifically called out the increasing

Apple announces significant price increases for MacBooks, iPads, more - 9to5Mac
How much is Apple increasing prices?

Today’s price increases affect a ton of different Apple products, including the base starting price on things like MacBook Air, MacBook Neo, and more. Macs MacBook Neo: $699 (up from $599) 13-inch MacBook Air: $1,299 (up from $1,099) 15-inch MacBook Air: $1,499 (up from $1,299) M5 MacBook Pro: $1,999 (up from $1,699) M5 Pro MacBook Pro: $2,499 (up from $2,199) M5 Max MacBook Pro: $4,099 (up from $3,599) iMac: $1,499 (up from $1,299) M4 Max Mac Studio: $2,499 (up from $1,999) M3 Ultra Mac Studio: $5,299 (up from $3,999) iPads iPad: $449 (up from $349) 11-inch iPad Air: $749 (up from

Apple announces significant price increases for MacBooks, iPads, more - 9to5Mac

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