Apple Becomes a $5 Trillion Company as Parts Shortages Worsen

Apple briefly became a $5 trillion company on July 28, 2026, only the second ever to do so. Two days later, a regulatory filing showed its unsold goods nearly doubled to $11.1 billion from $5.7 billion the prior September. CEO Tim Cook warned of "very significant constraints" with "limited flexibility," saying the pain would worsen in the coming months.