TradingKey – On June 25, Apple (NASDAQ: AAPL) shares dropped 6.12% to settle at $275.15. The decline came after the company disclosed it is hiking prices on various Mac and iPad models as it navigates a worldwide shortage of memory and storage chips. Apple has increased the prices of the MacBook Neo to $699 (up from $599), the MacBook Air to $1,299 (up from $1,099), and the MacBook Pro 14-inch to $1,999 (up from $1,699), as well as the iPad Air to $749 (up from $599). Apple has not raised iPhone prices.

There were at least four factors weighing on the stock today: Apple already guided down gross margin to between 47.5% and 48.5% for the June quarter from 49.3% in March; news of an Apple-Intel manufacturing deal on social media posted by…