The massive spike in the price of RAM is making consumer electronics more expensive and worse.
But a new iPhone Pro is $154 cheaper than it was in 2020 when adjusted for inflation, and that is probably all the average consumer really cares about
The smartphone market appears to be affected as well: https://www.reuters.com/world/china/global-smartphone-market...
And Apple has longer-term contracts for delivery of their chips. Apple is more insulated from short term supply shocks because of this, and their giant pile of cash. But even they have discontinued some high-RAM configurations because of the situation.
As you mention, products elsewhere that use RAM have already gone up in price.