Consumers are facing price hikes for Apple devices due to rising costs in key components. This change comes after a warning from Apple CEO Tim Cook that such increases were unavoidable.

The price hikes are steep and immediate, affecting consumers who purchase Apple devices. Further details on the extent of the price increases are available from the Chicago Tribune.

Local residents in Waco can expect to see these changes reflected in the prices of Apple devices, although specific details on the impact in the Waco area are not available in this report.