Apple is ‘not able to predict’ when it’ll have enough iPhone Duos to go around

Apple CEO John Ternus stated that the company cannot predict when supply and demand for the iPhone Duo will be in balance, despite working hard to meet customer demand. The iPhone Duo, a foldable device, was launched last month with a $1,999 price tag and a 5.4-inch outer display and 7.6-inch inner screen. Preorders sold out, with some shipments not expected to arrive until 2027. Ternus also addressed reports of cracked screens, saying that a small percentage of devices were returned for this issue, and that Apple is replacing them. Apple has faced supply chain constraints and rising memory costs, resulting in price increases across its product lineup, including the iPhone 18 Pro and Pro Max. The company expects to see even higher memory costs in the December quarter, but notes that recent price increases will partly offset this. Apple reported a record-breaking $57.58 billion in iPhone revenue for its fourth quarter, despite not offering a standard iPhone 18 model.