{"id":233530,"date":"2026-06-18T08:10:00","date_gmt":"2026-06-18T12:10:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/18\/apple-ceo-says-ai-boom-makes-price-increases-unavoidable-cp24\/"},"modified":"2026-06-18T09:10:49","modified_gmt":"2026-06-18T13:10:49","slug":"apple-ceo-says-ai-boom-makes-price-increases-unavoidable-cp24","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/18\/apple-ceo-says-ai-boom-makes-price-increases-unavoidable-cp24\/","title":{"rendered":"Apple CEO says AI boom makes price increases \u2018unavoidable\u2019 \u2013 CP24"},"content":{"rendered":"<p><a href=\"https:\/\/www.cp24.com\/news\/money\/2026\/06\/18\/apple-ceo-says-ai-boom-makes-price-increases-unavoidable\/\">Apple CEO says AI boom makes price increases \u2018unavoidable\u2019 \u2013 CP24<\/a><\/p>\n<p><a href=\"https:\/\/www.cp24.com\/news\/money\/2026\/06\/18\/apple-ceo-says-ai-boom-makes-price-increases-unavoidable\/\">https:\/\/www.cp24.com\/news\/money\/2026\/06\/18\/apple-ceo-says-ai-boom-makes-price-increases-unavoidable\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-18 08:10:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cp24.com\">www.cp24.com<\/a><\/p>\n<p>Certainly! Here&#8217;s a summary of the key points from the provided information:<\/p>\n<ul>\n<li>\n<p><strong>Canada&#8217;s Adoption of AI<\/strong>: Business adoption of artificial intelligence (AI) has been slow in Canada, prompting questions about whether a new federal strategy will accelerate its integration.<\/p>\n<\/li>\n<li>\n<p><strong>Amanda Lang&#8217;s Discussion<\/strong>: In a discussion, Amanda Lang spoke with Jillian Frank from KPMG Law Canada about the legal aspects of transformation via technology and managed services.<\/p>\n<\/li>\n<li>\n<p><strong>Artificial Intelligence and Social Contract<\/strong>: Amanda Lang highlighted the necessity of a new social contract between businesses, governments, and individuals in her Takeaway segment, particularly in the context of AI.<\/p>\n<\/li>\n<li>\n<p><strong>Tim Cook&#8217;s Warning on Chip Costs<\/strong>: Outgoing Apple CEO Tim Cook warned of unavoidable price increases for Apple products due to surging demand and high costs of memory chips driven by the AI data center boom.<\/p>\n<\/li>\n<li>\n<p><strong>Price Increase Speculations<\/strong>: Despite efforts to shield customers, Cook mentioned that price increases had become unsustainable due to dramatic price hikes in memory chips, which are integral to nearly all electronic devices.<\/p>\n<\/li>\n<li>\n<p><strong>Impact on iPhone<\/strong>: Rumors suggest that Apple&#8217;s iPhone Pro model might see specific price hikes but details remain uncertain.<\/p>\n<\/li>\n<li>\n<p><strong>Industry Ramp-Up and Supply Issues<\/strong>: The construction of AI data centers has led to skyrocketing costs for memory chips and RAM, causing at least 50% quarterly price increases since late 2025; Cook likens this pricing spike to a &#8220;hundred-year flood.&#8221;<\/p>\n<\/li>\n<\/ul>\n<p>This summary encapsulates the main points shared in the content while maintaining respect and adhering to the policy guidelines.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple CEO says AI boom makes price increases \u2018unavoidable\u2019 \u2013 CP24 https:\/\/www.cp24.com\/news\/money\/2026\/06\/18\/apple-ceo-says-ai-boom-makes-price-increases-unavoidable\/ Publish Date: 2026-06-18&#8230;<\/p>\n","protected":false},"author":1,"featured_media":233531,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.cp24.com\/resizer\/v2\/3DQ5XHX7JBBFBHDIKHKWI6HAJI.jpg?smart=true&auth=9b93f11f769e32464b2459571b0556cc63019b9fe3f132824623738a9878b532&width=1200&height=630","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-233530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/233530"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=233530"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/233530\/revisions"}],"predecessor-version":[{"id":233532,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/233530\/revisions\/233532"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/233531"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=233530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=233530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=233530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}