By as much as 16% compared to last year.
Evercore analysts are among those experts who are on the lookout for the release of the 10-Q annual reports, and in the case of the corresponding document, Apple was able to extract from it data on the company’s commitment to purchase components for the production of its products for the next 12 months. This calendar year, Apple has allocated $54.8 billion for related purposes. This is 16% more than a year earlier.
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Of course, rising costs alone do not mean that Apple will necessarily release more products than last year – in quantitative terms. Component prices have risen due to inflation and actual production volumes may be lower than last year. What matters is that there is no significant reduction in core costs, so this partly suggests that Apple is confident in its ability to sell a sufficient number of manufactured electronic devices this year.
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