Apple CEO John Ternus says the company cannot yet predict when supply of the iPhone Duo will catch up with demand. Speaking to Reuters, he said production is increasing, but the foldable phone remains supply-constrained. Delivery estimates have slipped to late January 2027, after reservations sold out within minutes.
The comments came as Apple reported a record $57.58 billion in iPhone revenue for the fourth quarter of 2026, driven by sales of the iPhone 18 Pro and demand for the Duo. Ternus described the rise in memory-chip prices as unprecedented, pointing to demand from AI data centres. He also warned investors that production costs would be higher in the quarter ending in December.
Apple has increased its commitments to suppliers by $33 billion and raised the starting price of earlier models by $100, but the company expects its margin to fall to between 45% and 46%. The report also notes that the Duo’s debut has been affected by reports of cracks in the inner display. Apple acknowledged the issue and offered free replacements, including to customers without AppleCare+.
The shortage means some customers continue to wait for their orders while Apple sets aside units to handle warranty replacements. Ternus did not give a timeline for when production and demand might come into balance.
Sources: Xataka Móvil.