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Tech giants Apple and Microsoft have announced price rises for their
. However, Apple said its iPhone would be insulated from the price hikes. Apple said: "We have never seen a
price increase this much, this
." It added: "We have shielded our customers from these
so far, but we have now reached a
where we need to begin raising prices on a number of products." Microsoft said: "The
consumer electronics
is struggling with the current components
." People are now worrying about rising tech prices affecting their pockets. In addition, the growth of AI data centres has increased
for electricity, pushing up utility
in some areas.