US financial press, market and investor impact

Reports Apple shares fell 6.12% on June 25, wiping roughly $265 billion from the company's market cap, as investors weighed the risk that price increases would suppress consumer demand; notes Microsoft announced the same day that it is raising prices on Surface and Xbox hardware for the same memory-cost reason, making the hike a sector-wide event rather than an Apple-specific move.

“Apple shares fell 6.12%, wiping roughly $265 billion in market cap, as Microsoft separately announced its own hardware price hikes citing the same memory shortage.”