Apple inventory jumps 154% as memory chip costs climb
· 50-word read
In 50 words
Apple said its inventory rose to $14.54 billion in the September quarter, up 154.3% from a year earlier, as memory chip costs climbed. CEO John Ternus called memory pricing unprecedented. Apple expects a 45% to 46% gross margin in the December quarter and did not rule out price rises.
Why it matters
Higher memory costs could lead to more price rises on Apple devices. Apple has already raised prices on some Mac, iPad and iPhone models this year, and its operations chief did not rule out further increases.
What's next
Apple's annual filing, due on 3 Nov according to the report, will show its increased manufacturing purchase obligations.
Key dates
- End of June 2026Apple raised prices on some Mac and iPad models.
- September 2026Apple raised iPhone prices.
- 2 Nov 2026Apple reported fiscal fourth-quarter earnings and forecast a 45% to 46% gross margin for the December quarter.
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Sources
- TechCrunchView original →
