Apple reported $89.7 billion in purchase obligations to manufacturing partners for fiscal 2026, a 60% increase from the previous year, with $82.7 billion due within 12 months. This surge is driven by rising memory and storage costs amid supply constraints, pressuring Apple's gross margins, which the company expects to decline in the December quarter. Despite having $136.9 billion in cash and securities, Apple faces margin risks if memory prices fall after locking in high-cost contracts. Investors will watch Apple's upcoming quarterly report for signs of margin pressure and obligation trends.
Apple's stock trades at USD 335.24 on Pluang as of Nov 04, 2026 19:22 WIB, showing a modest 1.01% gain in the last day. Despite the company's large purchase obligations of $89.7 billion reported for fiscal 2026, investor sentiment appears steady with balanced buy and sell order activity at 50% each. The market cap stands at $4.84 trillion, reflecting Apple's significant scale as it navigates margin pressures from rising memory and storage costs.
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Apple Inc. reported a 16.4% revenue increase to $109 billion in Q3 2026, driven largely by iPhone sales which accounted for 64% of the growth. However, the company faces challenges from rising manufacturing costs and memory supply constraints, which ...
