Apple CEO Ternus Says iPhone Duo Shortages Have No End Date in Sight
Apple is unable to meet demand for the iPhone Duo and there's no timeline for when the company will catch up, CEO John Ternus told Reuters following today's earnings report . Duo is constrained as of today. The ramp is going well, and we're working hard to get it to as many customers as quickly as possible, but at this point, we're not able to predict when supply and demand will be in balance.…
Apple CEO John Ternus informed Reuters that the company is currently unable to fulfill demand for the iPhone Duo, with no projected timeline for when supply will catch up. As of today, the production of the Duo is running into constraints. Although the ramp-up is progressing, Ternus noted that predicting when supply and demand will align remains uncertain.
Regarding display problems experienced by some customers, Ternus stated that a minuscule fraction of units have been returned, and Apple is offering replacements. iPhone Duo order placements made today are estimated to ship in January, and retail stores have seen minimal stock for online reservations. Last week, Apple had acknowledged an issue affecting the inner display of certain units, advising affected customers to reach out to AppleCare.
For the September quarter, Apple reported a revenue record of $114.5 billion, representing a 12 percent increase compared to the previous year. However, Duo sales are not accounted for, as the device did not launch until after the quarter had concluded.
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