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AI is hurting Apple in more ways than one: it may force iPhone price increases

tech

Apple's push into artificial intelligence is creating a costly dilemma. According to TechCrunch, CEO Tim Cook recently described the financial pressure as unsustainable, suggesting the company may need to raise iPhone prices to absorb the costs. For a company that defines itself through premium pricing, hinting at further increases underscores just how expensive the AI race has become.

Source: https://techcrunch.com/2026/06/17/ai-is-hurting-apple-in-...

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