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Apple and Microsoft are raising their prices by hundreds of dollars as chip costs soar
By Mary Cunningham at CBS Texas (KTVT) DFW
· June 25, 2026
· 3 min read
Apple and Microsoft are each raising the prices of some of their core products, as global demand for memory and storage chips sharply increases component costs.Apple said on Thursday that it will raise the prices of certain MacBooks and iPads by up to $300. Hours later, Microsoft announced it wou...
Key takeaway "In its statement, Microsoft said console storage and memory prices have more than doubled and that it expects prices to double again by fall 2027.
Why this matters in Southlake News
For Southlake residents, the price hikes announced by Apple and Microsoft may have a direct impact on their household budgets, particularly for families with students relying on these devices for schoolwork. The increased cost of MacBooks and iPads, which are popular among local students, may lead to a higher demand for computer access at the Southlake public library, potentially straining the library's resources. Additionally, the price increase of Xbox consoles may affect local gamers and families who enjoy gaming together, potentially altering their entertainment budgets. As the global chip shortage continues to drive up costs, Southlake consumers can expect to see similar price increases across the tech industry, making it essential for local families to reassess their spending priorities and explore alternative options for accessing the technology they need. The city's residents will be watching to see how these price hikes affect local businesses and the overall cost of living in Southlake.
About this story
Original reporting by CBS Texas (KTVT) DFW . Southlake News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit CBS Texas (KTVT) DFW . Have a tip or correction? Contact our newsroom .
Category: library ·
Published: June 25, 2026 ·
Source: CBS Texas (KTVT) DFW ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? Apple and Microsoft are each raising the prices of some of their core products, as global demand for memory and storage chips sharply increases component costs.Apple said on Thursday that it will raise the prices of certain MacBooks and iPads by up to $300. Hours later, Microsoft announced it wou...
When was this published? This article was first published on June 25, 2026 by CBS Texas (KTVT) DFW and curated for Southlake News readers.
Who reported this story? This story was reported by Mary Cunningham at CBS Texas (KTVT) DFW. To learn more about how Southlake News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more library coverage from Southlake News, or browse our daily briefing and topic hubs .
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