Apple’s inventory surges 154% as memory chip costs climb
Apple’s stockpiling of inventory, particularly computer memory, continued in its fiscal fourth quarter, according to earnings reported Monday. The company reported that its inventory increased significantly in the quarter, growing from $11.09 billion in Q3 to $14.54 billion in Q4, a jump of 31.1%. Year-over-year, inventory grew 154.3% from $5.72 billion in the fourth quarter…