business · 2 outlets · 2 linked reports
Apple Doubles Inventory as Memory Constraints Tighten
AI-assisted: summaries and questions may be incomplete or incorrect. Verify important details with the linked original reporting.
Summary
- Apple reported $11.1 billion in inventory, nearly twice the level reported last September.
- Tim Cook described memory pricing pressure as a major supply-chain disruption.
- Apple still reported its strongest June quarter, with iPhone and Mac sales growing year over year.
- The company expects supply constraints to have a significantly larger impact next quarter.
The question
Should Apple keep stockpiling components even if it ties up billions in inventory?
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