Tech Companies Raise Console and PC Prices, Blame AI
The long-standing expectation that technology becomes more affordable as it ages is beginning to fade. Instead of dropping prices on older products, several major manufacturers are charging customers more, even for devices that have been on the market for years. Apple recently increased prices across parts of its MacBook and iPad lineup, with some models rising by almost 20%. Shortly afterward, Microsoft confirmed another round of price increases for its Xbox Series S and Series X consoles, despite both systems having been available for about five years. Beginning in August, some Xbox models will cost at least $100 more, marking the company’s third increase in just over a…