The pricing isn’t extortionate. It’s literally just them having to pass on the insane price of RAM (itself priced due to the massive demand and supply shortage).
And you’re right that Apple is hesitant to change prices on models. But that cuts both ways. Apple notably held off of bumping prices across their product line for a considerable amount of time, very plausibly eating the cost of RAM price increases.
It would definitely be atypical but given the unique and extreme nature of the current situation, I wouldn’t be shocked if they cut prices somewhat once the RAM situation relaxes.
Right up to the launch of the Apple Silicon Mac Pro in mid 2023, Apple would still happily charge you early 2019 prices for the 2019 Xeon processors in the previous edition, 2019 prices for memory and flash (I ordered mine with 32 and used OWC to go to 192GB, because for the exact same chips, spec, timings, OWC wanted $1,050 for 192GB, and Apple wanted $3,000 for 160GB, i.e. minus the 32GB already rolled into the price. Similar $1K to $3K margin for 8TB of SSD - I bought a PCIe card with 4x2TB Samsung Pro drives).
Ironic that you chose the Apple TV. There's a bit of nuance, and the 3rd gen was $149, not $129 (the latter is Wifi only, when the first two were Wifi+Ethernet).
They then bumped UP the 3rd gen: $249 (+$100) and $199 (+$70).
And the 4th gen has only one option, at $299.
So we've not only "not dropped" prices on the 4K Apple TV, but they've gone up forty per cent.
I just bought a portable keyboard for my iPhone - coupled with a SSH client, its quite a useful combo these days.
I had to prove the OP wrong though; my M1 Max's keyboard died this year, and I had to upgrade to the M5 max this season, after the hikes. I kissed 9k EUR goodbye for something not much better functionally than the M1 Max it replaced, bought for 3.4k Canadian dollars in the wonderful 2021 (that was barely over 3200 EUR back then).
I have an M1 Max but I am not paying 50% more than a few months ago to upgrade.
I have bought Apple laptops since 2004 but I can’t justify the current extortionate pricing, so I’ll sit it out (permanently if need be).