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Apple Cannot Say When iPhone Duo Supply Constraints Will Ease, CEO Ternus Tells Reuters
Apple says iPhone Duo supply is still constrained, with no clear date for relief.
Key points
- Chief Operating Officer Sabih Khan said on the fiscal fourth-quarter earnings call that the iPhone Duo is constrained as of today.
- Customers who did not queue or preorder now face ship times stretching into next year.
- Khan said Apple raised prices on some products, a decision made 'reluctantly', as AI demand drives up memory chip costs.
Why it matters. Soaring memory chip demand from the AI industry is threatening to push hardware device prices even higher across the industry.
Apple CEO John Ternus told Reuters he cannot predict when iPhone Duo supply and demand will come into balance. Apple launched the foldable last month for $1,999, and preorders sold out quickly, with some shipments expected in 2027. Ternus said "a very small percentage" of units were returned over cracked screens and Apple is replacing them. On Monday's fourth-quarter 2026 earnings call he called memory pricing "unprecedented" and expected "even higher memory costs" in the December quarter.
Latest updates
Apple Cannot Say When iPhone Duo Supply Constraints Will Ease, CEO Ternus Tells Reuters
Apple CEO John Ternus said the company is not able to predict when it will have enough iPhone Duo devices to go around. He made the remarks in an interview with Reuters, as reported by The Verge. Ternus did not provide a timeline for when the supply constraints on the device could be lifted. The report does not detail the size of the shortfall or which markets are most affected. Apple's statement signals that buyers in multiple countries may face limited availability for the time being.
Apple Says iPhone Duo Supply Remains Constrained With No Clear Relief Date
Apple's Chief Operating Officer Sabih Khan acknowledged shipping delays for the new iPhone Duo on the company's fiscal fourth-quarter earnings call on Monday. He said the product is constrained as of today and that the ramp is going well. Khan offered little clarity on when customers can expect supply to improve. Analysts on the call also questioned the rising cost of memory chips, which the company linked to soaring demand from the artificial intelligence industry.