Apple's Inventory Jumps 154% as Memory Chip Costs Bite
Apple's inventory jumped 154.3% year-over-year to $14.54 billion as memory costs climb. CEO John Ternus called memory pricing "unprecedented" and guided margins lower.
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Inventory
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Apple's inventory jumped 154.3% year-over-year to $14.54 billion as memory costs climb. CEO John Ternus called memory pricing "unprecedented" and guided margins lower.