Apple Crosses $5 Trillion as Cook Flags Worsening Supply Constraints

Apple briefly topped a $5 trillion market cap on July 28, 2026, the second company to reach that mark. Two days later, its Q3 SEC filing showed inventory nearly doubled to $11.1 billion from $5.7 billion the prior September. Cook cited "very significant constraints" with "limited flexibility," forecasting impacts to "increase significantly sequentially."