Apple's Inventory Spikes 154% Amid Rising Memory Chip Costs

Apple's inventory increased 154% year-over-year to $14.54 billion in Q4 2026 due to rising memory chip costs, impacting gross margins and prompting potential device price increases. The company anticipates continued memory cost hikes and has expanded manufacturing purchase obligations by $33 billion.

Apple says unprecedented memory chip costs will continue to rise, raising questions about future device prices as its inventory climbs to $14.5 billion.

Read original article