If the only thing you had to go off was Apple's string of product announcements this week, you'd have little reason to believe that there is a historic AI-driven memory and storage supply crunch going on. Some products saw RAM and storage increases at the same prices as the products they replaced; others had their prices increased a bit but came with more storage than before as compensation. And there's the MacBook Neo, which at $599 was priced toward the low end of what Apple-watchers expected.

But even a company with Apple's scale and buying power can't totally defy gravity. At some point between March 4 and now, Apple quietly removed the 512GB RAM option from its top-tier M3 Ultra Mac Studio desktop. Pricing for the 256GB configuration has also increased, from $1,600 to $2,000.…