Apple on Thursday announced price hikes on MacBooks and iPads, its first formal move to pass higher memory and storage costs on to consumers after CEO Tim Cook said increases had become unavoidable.

Asian stock markets tanked as much as 6% on Friday (June 26) as Apple’s move to jack up prices of some of its product lines by as much as 20%, and the South Korean government’s proposal to tax unreali...

When it comes to price hikes, the HomePod Mini, which was priced at Rs 10,900, saw the steepest increase of 46 per cent and is now sold at Rs 15,900, a jump of Rs 5,000.