India, June 26 -- Apple has announced one of its biggest global price revisions in recent years, raising the prices of several Mac and iPad models by as much as Rs.1 lakh in India. The revised prices are already reflected on Apple's official website, with premium MacBook Pro and iPad variants witnessing the steepest increases. While this move has surprised customers, Apple says the decision was driven by rising manufacturing costs and an unprecedented shortage of memory and storage components. However, there are multiple products of Apple, including iPhones, Apple Watches, and AirPods, that have not been affected for now.

Why Has Apple Increased Prices?

According to Apple, the primary reason behind the hike is the sharp rise in the cost...