APPLE TO RAISE PRICES DUE TO MEMORY CHIP CRUNCH

Summary from the TLDR newsletter

The surging costs of memory and storage chips are prompting Apple to raise its prices on its products. Apple's next major product launch is likely to be in September, but price increases could come sooner. The AI infrastructure buildout is eating up supplies for memory and storage chips. Prices have quadrupled since last year, and they're expected to continue increasing into 2027.