Apple and Microsoft announce price hikes, ASX shrugs off tech sell-off | Finance Report | ABC NEWS

Описание: The Australian share market managed to end its day slightly higher. That's despite another tech sell-off which led to significant losses across Asian markets and Wall Street.
Apple is raising the price of its Macbooks, iPads and other goods, while Microsoft announced a price hike on its Xbox consoles.
Both companies blamed the surge in computer memory prices, which has led to higher business costs and more expensive electronics for consumers.
Meanwhile, shares of business lender Judo Bank plunged by more than 40% in two days following a sharp increase in its bad debt provisions.
Presented by David Chau.
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