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Apple CEO Tim Cook Signals Price Hikes Amid Memory Chip Shortage
Apple CEO Tim Cook Signals Price Hikes Amid Memory Chip Shortage
1 min read
Updated on 18 Jun 2026, 11:45 AM
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Apple CEO Tim Cook has indicated that the company will raise product prices in response to a global memory chip shortage, which
2026-06-18
www.storyboard18.com
2026-06-18
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Apple is preparing to increase prices across its product portfolio as rising memory and storage chip costs put pressure on the company's margins, Chief Executive Officer Tim Cook said in an interview with The Wall Street Journal.
The planned price increase comes as technology companies compete for limited supplies of memory components, with demand from AI-focused data centres pushing costs higher
2026-06-18
www.storyboard18.com
2026-06-18
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Apple is preparing to increase prices across its product portfolio as rising memory and storage chip costs put pressure on the company's margins, Chief Executive Officer Tim Cook said in an interview with The Wall Street Journal.
The planned price increase comes as technology companies compete for limited supplies of memory components, with demand from AI-focused data centres pushing costs higher
2026-06-18
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2026-06-18
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CUPERTINO, June 17 — Apple plans to raise prices on its products to offset increasing memory and storage chip costs, its chief executive officer Tim Cook told the Wall Street Journal (WSJ) in an interview.
A surge in artificial intelligence (AI)-driven demand for data centres has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving
2026-06-18
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2026-06-18
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2026-06-18
gulfnews.com
2026-06-18
Gulf News
Apple’s price hikes may trigger broader tech industry increases amid chip crisis
Apple Inc. plans to raise prices on its products to offset surging memory and storage chip costs, CEO Tim Cook told the Wall Street Journal, marking a rare move by the tech giant to pass semiconductor supply pressures directly to consumers amid a tightening global chip shortage.
The price increases are expected to h
2026-06-18
letsdatascience.com
2026-06-18
Let's Data Science
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Apple Signals Price Hikes Amid Memory Chip Shortage
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June 18, 2026
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Apple plans to raise prices on its products to offset soaring memory and storage chip costs, CEO Tim Cook told The Wall Street Journal in an interview published June 17, 2026. Cook sa
2026-06-18
www.bizzbuzz.news
2026-06-18
BizzBuzz
Apple CEO Tim Cook tells WSJ that price hikes are "unavoidable" as AI-driven demand drains memory chip supplies. Here's what's behind the shortage and what it means for Apple's lineup.
Tim Cook Confirms It: iPhone Prices Are Going Up Because of a Global Chip Shortage
Get ready to pay more for your next Apple device. CEO Tim Cook has confirmed that Apple plans to raise prices across its product l
2026-06-18
www.newsx.com
2026-06-18
NewsX
Apple could soon raise prices on its products as soaring memory and storage chip costs put increasing pressure on the company, CEO Tim Cook said in an interview with the Wall Street Journal. The warning comes as booming AI investment fuels unprecedented demand for data centres, creating a supply crunch for critical memory components and driving costs sharply higher across the technology sector.
A
2026-06-18
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2026-06-18
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2026-06-18
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Micron Technology stock was rising sharply Monday amid a resurgence of the artificial-intelligence momentum trade, alongside reminders of the shortage in memory chips.
Micron shares were up 10.1% at $1,081 with markets cheered by the prospect of a U.S.-Iran peace deal.
Shares have been volatile as investors debate Micron’s valuation. The chip maker trades at a notably low forward price-to-earnin
2026-06-18
www.msn.com
2026-06-18
MSN
June 17 (Reuters) - Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.
A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving prices sharply higher.
Groups representing automakers, r
2026-06-18
gvwire.com
2026-06-18
GV Wire
Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.
A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving prices sharply higher.
“Unfortunately, price increases are unavoidable,” he
2026-06-18
www.newsmax.com
2026-06-18
Newsmax
Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told The Wall Street Journal in an interview.
A surge in AI-driven demand for data centers has forced consumer electronics companies into a fierce competition for dwindling supplies of the key components, driving prices sharply higher.
"Unfortunately, price increases are unavoidable
2026-06-18
www.investing.com
2026-06-18
Investing.com
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