Apple continues its year of price hikes

(CNN)When the $1,000 iPhone X was announced last year, Apple watchers gasped: Can the company possible get away with charging that much for a phone?

Yes, it can.
The sticker shock has already worn off, and Apple has gone on to hike up the prices of most of its product line. Last month, it raised the prices of its entire iPhone line, and this week it did the same with even more products.

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