Apple Inc. is preparing to raise prices across its product lineup after CEO Tim Cook acknowledged the company can no longer absorb skyrocketing costs for memory and storage components. Apple To Raise Prices “Unfortunately, price increases are unavoidable,” Cook said in a Wall Street Journal interview published Wednesday. “We’re doing our best to mitigate the huge increases that are being passed to us, but the situation has become unsustainable.” Don’t Miss: A single bad hire can set a startup ba