Apple, price increases and Tim Cook
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Apple CEO Tim Cook this week said that price increases are "unavoidable" due to the ongoing RAM shortage, which has led to skyrocketing prices for memory chips. "We're doing our best to mitigate the huge increases that are being passed to us,
Outgoing Apple CEO Tim Cook warns that a global chip shortage could make your next iPhone, Mac, or iPad pricier.
Apple is getting ready to take the wraps off its latest lineup of iPhones later this year, though it’s unclear how big an impact the memory shortage will have on pricing. The WSJ estimates that the upcoming iPhone 18 Pro could cost $1,299, a jump from the $1,099 iPhone 17 Pro.
Apple CEO Tim Cook speaks at his final Apple Worldwide Developers Conference on June 8, 2026. (Photo by Josh Edelson / AFP via ) AFP via . When Tim Cook re
Tim Cook is the chief executive officer of Apple and a member of its board of directors. Since succeeding co-founder Steve Jobs, Cook has led the company through a period of substantial expansion, establishing it as one of the world’s largest technology firms by revenue and market value.
