This is compared to US prices of $999 and $1199. The euro has weakened relative to the dollar for sure, but that's as much driven by the dollar being relatively strong and let's be real, most of apple's costs are in yuan anyway. And also the difference between $1 = €0.90 and $1 = €1 is not sufficient to account for a 25% increase in costs. If Macs were already low-margin items you could say it's just adding in padding for future currency movement that had been diminished over a longer time period (say 5 years ago when $1 = €0.80), but it's not like they are low-margin.