I'm wondering if Apple will need to adjust their prices to maintain their margins. Given the scale of price rises I'd say yes.

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zarzavat 4 hours ago | parent [-]

There's no way that Apple pays spot. They will have contracts directly with the manufacturers, guaranteeing them a given supply at a given price. Their whole business kinda depends on it.

	▲	kristianp 12 minutes ago \| parent [-]
		Sure, but eventually the contracts will be renewed at possibly a much higher price. It depends on the details of the agreement whether the price is adjusted based on market price periodically too.