Apple's Stock Recovers After Hit From Unprecedented Price Hikes on Products

Apple's stock recovers after hit from unprecedented price hikes on products

Last week, Apple announced dramatic price increases on Macs, iPads, and other products due to rising component costs. As a...

Bernie Sanders calls out Tim Cook's 'corporate greed' as Apple hikes Mac, iPad prices

Just after Apple logged the biggest annual profit in its history, some Mac and iPad buyers are seeing higher prices — a shift that has drawn a sharp rebuke from Sen. Bernie Sanders. Sanders called out CEO Tim Cook for "corporate greed" in response to the latest increases on several Apple devices, according to International Business Times UK. What happened? The IB Times reported that, after Apple raised prices on several Mac and iPad products, Sa…

These are the pre-price hike M5 iPad Pro deals still live at up to $350 off (Jumping up in price quick now)

All but a few of the current-generation Apple releases that just received price hikes are still sitting down at pre-price increase deals. This 1TB 11-inch M5 iPad Pro happens to be one of them (among a few others down below) – you can land it at $350 off the new list.

Apple’s stock recovers after hit from unprecedented price hikes on products

Last week, Apple announced dramatic price increases on Macs, iPads, and other products due to rising component costs. As a result, Apple's stock price took a dive. As we head into the holiday weekend, however, $AAPL has rebounded with a 5% gain today.

Why Are Tech Prices at an All Time High?

For decades, enterprise hardware followed a predictable pattern: prices fell, specifications improved, and refresh cycles rewarded organisations that waited. That pattern has now reversed. Apple has raised prices on MacBook and iPad models by approximately 18%. Microsoft‘s Xbox Series consoles have increased in price by at least $100, marking the third hike in just over a year. Nintendo has announced further global price increases on the Switch …