StocksMedium•3 November 2026•
1 min read
Apple Stockpiles $10.4 Billion in Parts to Hedge Rising Memory Costs
Key Facts
1Apple revealed a surge in components inventory to $10.4 billion, up from $2.1 billion a year earlier.
2Apple's CEO described memory pricing as 'unprecedented,' leading the company to guide December-quarter gross margin lower to 45%-46%.
Apple revealed a surge in components inventory to $10.4 billion, up from $2.1 billion a year earlier. The Motley Fool reported that the company's CEO described memory pricing as "unprecedented," leading the firm to guide its December-quarter gross margin lower to a range of 45%-46%.
Apple was trading at $332.85 on November 3, 2026, with the session reaching a high of $334.5 and a low of $325.33. On the same day, Microsoft was trading at $516.799, while META reached $622.8716 and GOOGL was at $279.27.