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The AI price shock is here: Apple, Microsoft hike prices

People spend a lot of time on their devices. The AI boom means they will also be spending more for them. Why it matters: The enormous sums of money going into the AI race are driving up costs for resources and components throughout the economy. That's now becoming increasingly apparent to ordinary Americans who might have thought that AI's impact would be primarily on their jobs. Driving the news: Apple provided the clearest evidence yet Thursday, raising prices by as much as 25% on MacBook and…

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AxiosCenter·2h ago
The AI price shock is here: Apple, Microsoft hike prices
People spend a lot of time on their devices. The AI boom means they will also be spending more for them. Why it matters: The enormous sums of money going into the AI race are driving up costs for resources and components throughout the economy. That's now becoming increasingly apparent to ordinary Americans who might have thought that AI's impact would be primarily on their jobs. Driving the news: Apple provided the clearest evidence yet Thursday, raising prices by as much as 25% on MacBook and…
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The AI price shock is here: Apple, Microsoft hike prices

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