Apple ups prices on nearly all products, including MacBook Neo, amid memory shortages

Seeking Alpha ·

Apple ( AAPL ) on Thursday raised the starting price of many of its devices, including the MacBook Neo, due to the unprecedented shortage in memory. The starting price on the MacBook Neo went to $699 from $599, while the iPad Pro was raised to $1,199

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Apple raised prices on nearly all products, including the MacBook Neo, citing memory shortages. Tight supply of memory (DRAM/NAND) has pushed component costs higher, and Apple appears to be passing those costs through to customers. In the short term, memory manufacturers and equipment suppliers should see improved profitability, but hardware sales may be pressured by weaker consumer demand and delayed replacement cycles. Higher device prices are also likely to feed into inflation and increase IT investment costs for corporations and cloud providers.

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