Apple has raised prices of MacBooks, iPads, Apple TV and HomePod devices globally, with India seeing hikes of up to 70%—the steepest among major markets.
Rising DRAM and NAND memory chip costs, fuelled by the AI infrastructure boom, along with rupee depreciation, import duties and GST have pushed up prices.
The company is reportedly lobbying the Trump administration for approval to source memory chips from Chinese firm CXMT as it seeks to manage soaring semiconductor costs.
