A big part of the story is rising memory and storage prices, but other factors come into play as well.
If you want to run AI models locally or do high-end Hollywood VFX on Apple products, the Mac Studio is now your only solution. Equipped with a M5 Max or M5 Ultra processor, Apple's compact but powerful desktop delivers gobs of performance both alone and working in a cluster.
In 18 months since the last model, the M5 Max's base price has increased by $500 to $2,500, while the M5 Ultra starts at $5,500, up $1,500 from the M3 Ultra model.
It tops out at a M5 Pro processor and 64GB of RAM, with 307 GB/s of memory bandwidth.
The "base" version (starting at $2,500) has a M5 Max processor with a 18-core GPU and 32-core GPU, and up to 128GB of unified memory, depending on the option chosen.
The Mac Studio M3 Ultra with the same configuration retailed for $7,499 at launch, a cool $3,800 cheaper.
The primary culprits for this large price increase are the Mac Studio's large amount of high-end memory and storage, " RAMageddon " pricing, hedging and Apple's usual insistence on high profit margins. Apple said so itself when it first bumped MacBook prices back in June: "We've never seen component prices increase this much, this quickly."
With 1.2TB/s bandwidth when loaded with RAM, the Mac Studio M5 Ultra uses LPDDR5X memory.
Let's say its memory cost for the 256GB Mac Studio M5 Ultra is around $2,500-$2,800.