Apple shares plunge after it hikes prices on iPads and laptops (opens original article in a new tab)

Apple shares fell sharply after the company raised prices on iPads and laptops due to soaring memory costs linked to the AI boom.

• Apple raised prices on iPads, laptops, and other products due to increased memory costs from the AI boom.
• Apple's stock dropped nearly 6%, losing $250 billion in market value.
• Other tech companies like Microsoft also increased prices due to memory shortages.