Apple signals that price increases are coming as higher DRAM and NAND flash costs affect consumer electronics. Apple CEO Tim Cook, speaking to The Wall Street Journal, acknowledges the company cannot fully absorb rising memory-chip expenses and says more details will follow with the next iPhone lineup expected in September. Multiple reports tie the pressure to a broader global shortage of DRAM and NAND flash, with AI data centers competing for the same components. Research firm TechInsights, as cited by The Wall Street Journal, estimates that memory and storage costs are set to jump sharply by this fall—projected to roughly quadruple versus last year for DRAM and flash components used in iPhone configurations. TechInsights estimates Apple paid about $39 for the 12GB of DRAM in the iPhone 17 Pro, compared with an estimated $145 for the iPhone 18 Pro. It also estimates 256GB flash storage cost rising from about $13 to about $51. Combining TechInsights’ manufacturing cost estimates with the added memory and storage, one projection puts the iPhone 18 Pro’s bill of materials around $726. Based on margin considerations and Apple’s tendency toward standardized pricing, The Wall Street Journal analysis suggests a possible iPhone 18 Pro starting price around $1,299, potentially reaching $1,399 or higher if a rumored higher-cost camera system is included.