June 19, 2026

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Rising Memory Chip Costs Could Make iPhones and Macs More Expensive, Tim Cook Warns

Apple could increase prices for iPhones, Macs, and other products in the future as memory and storage chip costs continue to climb. According to recent reports, the growing cost of key components is becoming a significant challenge for the company. A global shortage of memory chips, fueled by soaring demand from AI data centers, is affecting several major players across the technology industry.

In an interview with The Wall Street Journal, Apple CEO Tim Cook said the company has been working to shield customers from rising costs by absorbing the impact internally. However, he suggested that avoiding price increases may become increasingly difficult going forward.

According to the report, Cook acknowledged that supply chain expenses continue to rise and that while Apple is doing everything possible to manage those costs, the current situation may not be sustainable in the long run.

AI Industry Driving Demand for Memory Chips

Tim Cook identified shortages of DRAM and storage chips as one of the biggest concerns facing the company. In recent months, chip manufacturers have shifted a larger share of production toward High-Bandwidth Memory (HBM), which is widely used in AI servers and data centers.

As a result, the supply of memory components used in smartphones, laptops, and other consumer electronics has tightened, leading to noticeable price increases across the market.

Cook also revealed that Apple is exploring different ways to strengthen memory supply through its financial resources. However, he clarified that the company has no plans to enter the memory chip manufacturing business.

iPhone 18 Series Could Feel the Impact

Apple’s comments come amid reports suggesting that the upcoming iPhone 18 lineup could feature 12GB of RAM, compared to the 8GB available in current-generation models. The additional memory is expected to support more advanced Siri capabilities and future AI-powered features.

Although earlier reports suggested Apple planned to maintain current pricing despite the RAM upgrade, rising memory costs could force the company to rethink its pricing strategy.

Significant Price Increase Possible for iPhone 18 Pro

According to estimates from market research firm TechInsights, the cost of DRAM used in the iPhone 18 Pro could rise from around $39 to approximately $145. Storage component costs are also expected to increase significantly, climbing from roughly $13 to $51 per device.

The report claims that when these higher component prices are combined with manufacturing and other production expenses, the overall cost of producing an iPhone 18 Pro could increase by nearly 25 percent compared to the iPhone 17 Pro.

To protect its profit margins, Apple may reportedly raise the starting price of the iPhone 18 Pro to $1,299, a substantial increase from the current iPhone 17 Pro’s starting price of $1,099.

While Apple has not officially confirmed any pricing changes or identified which products may be affected, Tim Cook’s remarks suggest that consumers could face higher prices for future iPhones, Macs, and other Apple devices if memory and storage chip costs continue to rise.

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