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Apple Raises Mac and iPad Prices as Memory Costs Soar

The company blamed an AI-driven surge in DRAM and NAND demand that has redirected supply to data centers, signaling possible further price rises later in 2026.

Overview

  • Apple updated its online store on June 25 to raise prices across Macs, iPads and several home and pro products with increases ranging from about $30 to $300 for many models.
  • Notable changes include the MacBook Neo rising from $599 to $699, the MacBook Air 512GB to $1,299, the 1TB MacBook Pro to $1,999, the iPad Air 128GB to $749 and the iPad Pro 256GB Wi‑Fi to $1,199.
  • Apple said it had absorbed rising component costs until now but can no longer do so, and CEO Tim Cook warned last week that the spike in memory prices is a “hundred‑year flood.”
  • Markets reacted immediately with Apple shares falling about 4–5% and analysts pointing to extreme DRAM and NAND price jumps plus large AI-focused supply deals for memory makers.
  • iPhone, Apple Watch and AirPods prices remain unchanged for now but analysts estimate continued memory pressure could push iPhone price increases of roughly $150–$200 later in 2026 and prompt similar moves by other device makers.