AI Summary
5 min readApple is about to raise prices on its iPhones, iPads, and Macs, and CEO Tim Cook told the Wall Street Journal the reason is blunt: the AI boom has made the company a second-class customer for memory chips. Meanwhile, the AI image company Midjourney is pivoting into full-body medical scans inside water tanks paired with spas, and the World Cup has turned European tourists into evangelists for American fast food and gas stations.
Apple’s Price Hikes: The AI Boom Comes for Your Gadgets
Apple is preparing to raise prices on its core hardware — Macs, iPads, and iPhones — “imminently,” according to the episode. Cook told the Wall Street Journal that the price increases are “unavoidable,” saying, “We’re doing our best to mitigate the huge increases that are being passed to us … but the situation has become unsustainable.” He called it a “hundred year flood” that he has never seen in over 40 years in the tech supply chain.
Continue reading the full summary in the app — free to try.
Read Full Summary →Free • No credit card required
Never miss an episode of Morning Brew Daily
Get every new episode summarized in your inbox — free, ~5 minutes to read.
No spam. Unsubscribe anytime.
What you'll learn
- 1 (02:55) **Apple to Raise Prices on iPhones, iPads, and Macs** - Tim Cook cites unsustainable cost increases for memory (DRAM) and storage (NAND) chips, driven by AI companies hoarding supply.
- 2 (07:37) **Midjourney Pivots from AI Images to Full-Body Medical Scans** - The company announces Midjourney Medical, planning a wellness center in San Francisco by 2027 featuring a water-filled, ultrasound-based scanner.
- 3 (12:44) **Winner of the Weekend: Creators as New Advertising Power Brokers** - Toby highlights how individual content creators are now rivaling traditional ad agencies, with over 250 creators expected at the Cannes Lions festival.
- 4 (18:36) **Winner of the Weekend: World Cup Tourists Embrace American Cheap Eats** - Neil notes that international soccer fans in the U.S. are obsessed with American staples like Buc-ee's, Ranch dressing, Shake Shack, and Cheesecake Factory.
- 5 (22:57) **Week Ahead Preview: Key Events to Watch** - A brief look at the upcoming week's major stories.
- 6 Standout Quotes
- 7 (03:54) "I've never seen anything like it in any area in over 40 years." - Tim Cook, on the memory chip shortage.
+ Full timestamped outline available in the app
Show Notes
#872: Apple’s CEO Tim Cook admits the high demand of memory and storage will likely raise prices on Apple products. Midjourney, the startup known for AI image-generation, is venturing into the healthcare sector with a full-body ultrasound scanner and spa concept. Creators are expected to have a large presence at Cannes Lions, the advertising world’s Super Bowl. World Cup fans from all over are enjoying American cheap eats. Finally, what you need to know in the upcoming week ahead.
To learn more visit https://www.servicenow.com
Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app.
Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note
Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow
This experience may not be representative of other Wealthfront clients, and there is no guarantee of future performance or success. Experiences will vary. Neal Fryman and Toby Howell, are clients of Wealthfront, receive cash compensation from Wealthfront Brokerage for paid testimonials in this podcast, creating a conflict of interest. More details available via the referral link.
https://wealthfron.com/morningbrew New clients get 3.30% base APY from program banks + additional 0.75% boost for 3 months on your uninvested cash (max $150k balance). Terms and conditions apply.
The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of January 30, 2026, is representative, requires no minimum, and may change at any time. References to the APY for the Wealthfront Cash Account, including any APY increase, are to the APY paid by insured depository institutions that participate in our cash sweep program (the "Program Banks”). Wealthfront Brokerage sweeps cash balances to Program Banks, where they earn the variable APY.
Learn more about your ad choices. Visit megaphone.fm/adchoices
More from this podcast
Morning Brew Daily →