Daring Fireball

Bernie Sanders, posting on Twitter/X Thursday (don’t complain to me that he doesn’t use his Bluesky account):
Corporate greed is Tim Cook, the billionaire Apple CEO, claimingthat hiking prices on Apple products by over $200 is “unavoidable”after it made $112 billion in profits last year & spent $310billion on stock buybacks....

From the bottom of Rolfe Winkler’s report for The Wall Street Journal Thursday, on Apple’s unprecedented price increases (gift link):
Apple’s price hikes arrived the day after Micron Technology, thebig American maker of memory and storage, reported blowoutquarterly earnings, touting gross profit margins that topped 80%.Shares jumped 16% after the close and appeared likely to power...

From a September 2022 letter to then-Director of National Intelligence Avril Haines, co-signed by Marco Rubio (then a Republican senator from Florida, currently secretary of state) and Mark Warner (Democratic senator from Virginia):
We write to convey our extreme concern about the possibility thatApple Inc. will soon procure 3D NAND memory chips from thePeople’s Republic of China (PRC) state-owned manufacturer YangtzeMemory Technologies Co. (YMTC). Such a decision would introducesignificant...

Microsoft’s Xbox blog:
Effective August 1, 2026, we will be updating prices worldwide.The price of XBOX consoles will increase by US$100 for 512 GBmodels and US$150 for 1 TB models. We will also be sunsetting our2 TB model.
Last October, we increased XBOX console price by $20-$70 in theU.S. We hoped another price increase would not be necessary, andwe have spent the last several months working with suppliers onoptions. Unfortunately, console storage and memory prices haveincreased...