Apple Hikes Mac and iPad Prices Globally as AI-Driven Memory Chip Costs Surge

Apple raised Mac and iPad prices worldwide, blaming a DRAM cost surge of up to 98% in Q1 2026. India MRP increases span ₹10,000-₹1,70,000, with MacBook Neo climbing to ₹79,900 from ₹69,900, widening the gap against Windows rivals. Mac ASP rises 15-20%; Apple shares fell 6.1%.

— Source publishedFri, 26 Jun, 2026, 17:30 IST·First seen Sun, 28 Jun, 2026, 15:34 IST·Source Outlook Business

What happened

Apple raised Mac and iPad prices globally, citing AI-driven memory chip cost surges. India MRP increases range ₹10,000-₹1,70,000, with MacBook Neo rising to

Key facts

  • DRAM +98% Q1 2026
  • MacBook Neo ₹79,900 from ₹69,900
  • India MRP hikes ₹10,000-₹1,70,000
  • Mac ASP up 15-20%
  • Apple shares -6.1%

Why this matters

Surging AI-driven memory costs argue for locking in DRAM supply agreements or vertical integration to insulate hardware margins from future chip price volatility.

What to watch

  • DRAM spot price trajectory through Q1-Q2 2026
  • Apple quarterly Mac/iPad unit volume vs ASP guidance
  • India and emerging-market sell-through data post-hike
  • Windows laptop price moves and Chromebook education tenders
  • Apple stock recovery or further declines below 6.1% drawdown
  • Monitor Apple trade-in and EMI financing expansion in price-sensitive markets
  • Track competitor pricing responses from Dell, HP, Samsung over 60-90 days
  • Watch for SKU mix shift toward base storage/RAM configurations
  • Assess channel inventory buildup ahead of holiday and India festive season
  • Evaluate refurbished/prior-gen Mac demand as substitution channel