Apple price hikes may hit iPhone next as memory, storage costs soar: analysts

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Apple’s sweeping price hikes on MacBooks and iPads, which wiped out US$260 billion of its market cap overnight, reflect a “seismic shock” the tech industry faces from rising memory and storage costs, analysts say, warning that the iPhone could be next.The US tech giant increased prices for Macs, iPads, Vision Pro and home devices globally on Thursday, with some models now costing 20 per cent more. Price tags for the iPhone and Apple Watch currently remain unchanged.“The consumer electronics...