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Apple inventory jumps 154% on soaring memory costs

Original: # Apple ’s # inventory rose 154% year-on-year to $14.54 billion, driven by unprecedented # memorycosts . John Ternus exp

Apple's inventory rose 154% year-on-year to $14.54 billion, driven by unprecedented memory costs. Executive John Ternus expects higher costs ahead and reduced inventory benefits, with the company's purchase obligations up by $33 billion. COO Sabih Khan said supply constraints caused iPad sales to fall. The figures suggest Apple is stockpiling components to manage a tightening memory market and rising production expenses.

Why now: Apple executives just disclosed sharply higher inventory and costs tied to memory price surges, raising concerns about margins and product supply.

AppleJohn TernusSabih KhaniPad

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