Macbook, iPad price hike: Why has Apple increased its product prices by nearly ₹1 lakh?

Apple has raised the base prices of several MacBook and iPad models by a significant margin, with hikes ranging from 20% to 42% compared to their original costs. This price increase is notable, especially given the premium positioning of Apple's products in the market. The reason behind this move is likely tied to rising production costs, particularly in light of global supply chain disruptions and inflationary pressures affecting tech manufacturing. This price hike could influence consumer purchasing decisions and affect the competitive landscape of the high-end gadget market.