An apparatus for processing residual yarn having a gripper member (G) in a fixed state, a bobbin gripping member (C) that grips a bobbin (b) and a movement means for moving the bobbin gripping member between an upper position which positions the bottom of the bobbin in the vicinity of the gripper member and a lower position which loads the bobbin on a tray (t), and after gripping the bobbin by the bobbin gripping member and lifting it up from the tray, strips the residual yarn on the bobbin by the gripper member before loading it on the tray. The apparatus for processing residual yarn can be simplified and made more compact and no matter where yarn remains on the bobbin, residual yarn can be reliably removed.