economy

Apple, Microsoft blame chip shortage for price hikes on electronic products

Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.

Apple, Microsoft blame chip shortage for price hikes on electronic products

TL;DR

  • Apple and Microsoft are increasing prices for some electronic products.
  • Affected products include computers and XBOX consoles.
  • The companies cite a shortage of memory chips as the reason for the price hikes.
  • CNET editor-at-large Scott Stein has provided his insights.