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'We reluctantly raised prices': Tim Cook weighs in on hikes as Apple reports $109 billion in revenue

https://www.tomsguide.com/author/scott-younker· ·10 min read · 0 reactions · 0 comments · 3 views
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 'We reluctantly raised prices': Tim Cook weighs in on hikes as Apple reports $109 billion in revenue
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Laptops MacBooks 'We reluctantly raised prices': Tim Cook weighs in on hikes as Apple reports $109 billion in revenue News By Scott Younker Published 30 July 2026 Cook's swan song ends with record revenues despite some disappointments When you purchase through links on our site, we may earn an affiliate commission. Cook asserted several times that this issue was largely driven by surprising amounts of demand. You may like Apple CEO Tim Cook confirmed price hikes are 'unavoidable' — so get ready to pay more 'For the first time since 1984 when I bought my first Mac, I am thinking about bailing on Apple' — customers weigh in on Apple's eye-watering price hikes $1,299 iPhone 18 Pro Max?!

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Original publisherTom's Guide
Canonical URLhttps://www.tomsguide.com/phones/iphones/we-reluctantly-raised-prices-tim-cook-weighs-in-on-hikes-as-apple-reports-usd109-billion-in-revenue
Publication timeThu, 30 Jul 2026 22:37:13 +0000
Retrieval time2026-07-30T22:42:32.366Z
Last seen2026-07-30T22:42:32.366Z
Headline sourcePublisher (no WeSearch rewrite)
Excerpt sourcepublisher body
Excerpt methodFirst ~120 words (~800 chars) of extracted publisher body, fair-use limited.
SummaryWeSearch · cerebras-chat (WeSearch summarizer)
Summary source textcontentText
Citation coverageSummary is a WeSearch-generated derivative; primary citation is the original publisher URL.
Clusterqn7iNTxUQlcK · 2 stories
Cluster logicGrouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison.
Ranking reasonStory pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking.
Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Indexing May the item be indexed (stored, ranked, made findable)? Allowed
Snippet May a short excerpt of the publisher's text be shown? Allowed
AI summary May WeSearch generate its own short summary of the article? Limited
Retrieval / RAG May the content be exposed for third-party retrieval-augmented generation? Not asserted
Model training May the content be used to train AI models? Not asserted
Commercial reuse May the content be reused commercially? Not permitted

Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.

Opening excerpt (first ~120 words) tap to expand

Laptops MacBooks 'We reluctantly raised prices': Tim Cook weighs in on hikes as Apple reports $109 billion in revenue News By Scott Younker Published 30 July 2026 Cook's swan song ends with record revenues despite some disappointments When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Getty Images) Copy link Facebook X Reddit Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Apple held its third-quarter earnings call today, where the tech giant reported "record" $109 billion earnings, largely driven by a 22% increase in iPhone sales.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Tom's Guide.

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