AAPL · 10-K · 2026A · Full report

Supply Chain Constraints

Apple Inc. · 2026-11-03 · Importance 26 · Surprise 24

Apple reported supply constraints and rising costs driven by industry-wide supply-demand imbalances for advanced semiconductors, memory, and storage. The company expects these trends to intensify for memory and storage components. It noted that product price increases may not fully offset the effects and could reduce demand for its products.

Key facts

• Apple experienced supply constraints and rising costs from industry-wide supply-demand imbalances for advanced semiconductors, memory and storage, and expects the trends to intensify for memory and storage. source
• Apple’s price increases may not effectively mitigate negative impacts from supply constraints and rising costs and may reduce demand for its products. source