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International Business Times

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Apple Raises Prices Of MacBooks And iPads By More Than 10% As Chip Costs Soar; Shares Drop

Apple Tim Cook Memory Samsung

Apple is hiking prices on MacBooks and iPads by more than 10% days after CEO Tim Cook said chip costs were soaring. (Credit: Getty Images)

Apple is hiking prices on MacBooks and iPads by more than 10% days after CEO Tim Cook said chip costs were soaring.

Concretely, the company raised the prices of Macbook models Neo, Air and Pro 1T, and for the iPad Air and Pro models. The company's stock is falling on Thursday following the news, dragging indexes.

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