Computer generally uses $2's$ complement representation for storing numbers. So $+127$ is stored as $\color{red}{01111111}$ with MSB i.e. $8^{th}$ bit being $0$ indicating that it is a positive number and $-128$ is represented as $10000000$, i.e., $8^{th}$ bit indicating that number represented by this bit pattern is a negative number and magnitude is represented as $-2^7*1 + 0*2^6 + 0*2^5 + \dots + 0.2^0 = -128$
So, $-128$ is stored as $\color{red}{10000000}$