Apple CEO Tim Cook has indicated that price increases for the company's products are unavoidable due to surging costs in memory and storage chips. A new report suggests that the upcoming iPhone 18 Pro could see a significant price hike, potentially reaching $1,399, driven by increased component costs and advanced camera technology. While Apple has not confirmed specific product price adjustments, the company aims to maintain its profit margins amidst these rising expenses, though the exact impact on popular products like the iPhone remains uncertain. AI
RANK_REASON Article discusses potential price increases for Apple products due to supply chain costs, not a new product release or core AI development.
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