All Your Favorite Gadgets Are Getting Way More Expensive … Again
If you're in the market for anything with a memory chip in it, now might be the time to snag it.
Another round of price increases for consumer electronics seems to be underway. In June, Apple announced increased prices for its MacBooks and iPads. Xbox consoles are also getting more expensive starting in August. This is on the heels of already-raised prices on such products as Sony’s PlayStation 5 Pro and, you know, oil, which has raised gas prices and added to the cost of shipping something to you.
This fresh bout of price increases—following last year’s tariffs—is driven by many factors, but the chief culprit is the ongoing memory shortage, i.e., software component producers making it a priority to manufacture chips for AI data centers over other tech that requires them. If this were a short-term issue, the companies affected would likely have absorbed the...
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