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Technology

The Next iPhone Pro Could Cost $1,299 — Here’s Why Tim Cook Says It’s ‘Unavoidable’

Daily Digest Digital June 19, 2026 05:02 AM UTC ~1 min read

The Next iPhone Pro Could Cost $1,299 — Here’s Why Tim Cook Says It’s ‘Unavoidable’ — Daily Digest Digital | Technology

Tim Cook says the AI boom has made memory chips so scarce and expensive that jacking up the prices has become necessary for Apple.

Why This Matters

Apple's CEO Tim Cook explains why the next iPhone Pro might cost $1,299. AI growth has made memory chips scarce and expensive, forcing price hikes. This decision could shape the future of tech affordability.

- Tim Cook cited AI boom as reason for higher prices.

- Memory chip scarcity and cost drive the decision.

- The price hike impacts tech affordability moving forward.

Understanding these challenges can help businesses adapt to economic shifts.

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This story is actively developing. Daily Digest Digital will continue to provide updates as more information becomes available. Follow us on all social platforms for real-time breaking news coverage in Motivation and beyond.

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