Apple · Fortune Technology
Apple raises Mac Mini’s starting price to $799 after AI frenzy drains supply
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Apple Inc. raised the starting price of its Mac mini desktop to $799 from $599, adjusting to inventory shortages driven by AI demand and the tight supply of processors.
Key facts
- Apple Inc. raised the starting price of its Mac mini desktop to $799 from $599, adjusting to inventory shortages driven by AI demand and the tight supply of processors
- The discontinuation of the $599 tier comes after that model sold out at most outlets
- The company is effectively increasing the price by removing the entry-level configuration, a model that includes an M4 processor and 256 gigabytes of storage
- The computer now starts with that same chip and 512 gigabytes of space
Summary
The company is effectively increasing the price by removing the entry-level configuration, a model that includes an M4 processor and 256 gigabytes of storage. The discontinuation of the $599 tier comes after that model sold out at most outlets. On Thursday, Apple Chief Executive Officer Tim Cook said the shortages were tied in part to the so-called SoC, or system on a chip, the processor that serves as the brains of the Mac mini. “The constraints were primarily driven by the availability of the advanced nodes our SoCs are produced on,” he said on an earnings call with analysts.