Apple Inc. (AAPL.US) shares slumped 6.1% overnight (25th), marking the steepest downfall among S&P 500 and DJIA constituents, after the company announced that rising memory and storage chip costs would prompt higher prices for iPad and MacBook products.

In Hong Kong, the iPad Air 128GB recorded the largest increase, with the price rising from HKD4,599 to HKD5,999, representing an increase of 30.4%.

The price of MacBook Neo rose by 14.6%, or HKD700, to HKD5,499; that of MacBook Air 512GB added by 16.7% to HKD10,499; and that of iPad mini climbed by 21.1% to HKD4,599.

Apple stated that the consumer electronics industry is facing challenges. Rapid expansion of AI data centers has driven exceptionally strong demand for memory and storage chips, making it necessary to raise prices for certain products, with the possibility of further price increases in the future.
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AASTOCKS Financial News
Website: www.aastocks.com

SG Top Picks
Stock & Type	Code	Strike(Call Level)	Last	Effective Gearing
APPLE (C)	11132	300 (-)	0.155	9.7 X
APPLE (P)	11063	248 (-)	0.129	8.2 X