Apple CEO confirms iPhone price hike is coming: Here's how much your next iPhone could cost

Apple CEO Tim Cook has confirmed that price increases across the company's lineup are "unavoidable," driven by a global memory-chip shortage as AI data centers drive up DRAM and NAND costs. Analysts expect the iPhone hike to be imminent—possibly this month, ahead of the iPhone 18. Here's how much your next iPhone could cost, why prices are rising, and when the increase may land.

By TOI TECH DESK