Share to ClassroomApple and Xbox Raise Prices
Apple will raise the prices of its MacBooks and iPads around the world. Some models will cost almost 20% more. The reason is the rising cost of computer chips. Xbox will also raise its prices. Xbox is owned by Microsoft. From August, its cheapest game machine will cost $499. That is $100more than now.
Many big companies are building data centres. These are large buildings full of computers. They use AI. AI means artificial intelligence. These computers need many memory chips. So the chips are now hard to buy. This makes the chips more expensive.
Xbox says chip costs may double again by 2027. So prices could rise even more. Other computer makers may also raise their prices. Apple's customers will probably still buy its products. In the US, some leaders want more control over big technology companies.
