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Why were iPhones exempted from Apple's sharp global price hike?
short by Medhaa Gupta / on Sunday, 28 June, 2026
iPhone prices were left unchanged as Apple hiked prices of its products globally amid a surge in memory chip costs due to AI. This may be because it's Apple's most accessible device, main revenue generator and raising prices mid-cycle could affect demand. "Apple appears focused on protecting iPhone demand while assessing pricing for its next-generation lineup," IDC's Francisco Jeronimo said.
read more at Financial Express