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Apple's inventory jumps 31% in Q4 amid rising memory costs, impacting margins and device pricing.

Company Fundamentals
03 Nov 2026, 01:04 WIB
TechCrunch
View Source
Bearish
Apple's inventory jumps 31% in Q4 amid rising memory costs, impacting margins and device pricing.

Apple's inventory surged 31.1% in fiscal Q4, reaching $14.54 billion, driven by increased stockpiling of computer memory amid unprecedented price hikes. The company’s gross margin forecast of 45-46% for the December quarter reflects these higher memory costs, partially offset by earlier device price increases. Weak iPad sales were attributed to supply constraints, while iPhone and Mac sales exceeded expectations. Apple expects memory costs to continue rising beyond December, increasing its manufacturing purchase obligations significantly.

Apple's stock price on Pluang is currently USD 330.35, down 4.19% as of Nov 03, 2026 06:21 WIB. The company's market cap stands at $5.03 trillion, reflecting its massive scale despite recent inventory challenges. Trading volume on Pluang is active, with over 67 million shares changing hands, indicating significant investor interest amid rising memory chip costs.

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