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An Apple store in Shanghai, China. An Apple store in Shanghai, China.Photographer: Qilai Shen/Bloomberg

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By Mark Gurman

June 28, 2026 at 2:00 PM UTC

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Apple’s extensive price hikes are a blow to many customers and an implicit indictment of the AI era’s soaring costs.Also: The latest on the touch-screen MacBook and Apple’s M5 Ultra, M6 and M7 chip plans; Meta launches in-house glasses designs and Apple releases new “27” software betas.

Last week in Power On: Apple’s new CEO must rebuild a design team that has lost its way.

Read Original at Bloomberg.com