Want an iPhone Duo for the holidays? Apple’s latest stock update isn’t reassuring
The iPhone Duo likely won’t make it into Santa’s sleigh this year. Here’s what Apple had to say about it.
Apple has expressed uncertainty about when more of its foldable iPhone Duo will be in stock for customers to purchase ahead of the upcoming holiday season. During the company's earnings call on November 2, Apple's chief operating officer, Sabih Khan, stated that the firm was unable to provide a timeline for when the supply of the new iPhone Duo would match current demand.
The stock and shipping delays, along with other concerns, were discussed among the broader questions raised during the earnings call, which centered around the impact of rising memory chip costs driven by the AI industry, according to reports from TechCrunch. The iPhone Duo, Apple's most expensive smartphone to date, was sold out shortly after its official launch on October 23 and received widespread demand.
However, customers who did not pre-order the device or wait in line at an Apple store are now facing extended shipping times that extend into 2027. Some outlets have reported that carriers like Verizon have offered gift cards as an apology for the extended delays. Apple CEO John Ternus announced that the company will be "deepening" its partnership with Perryman, a titanium producer supplying parts for the device, to try to meet the demand.
Despite this effort, rising demand for memory chips is driving hardware costs up across the industry, and Apple has had to increase prices on numerous products, though reluctantly. Samsung's foldable devices may become an attractive alternative for customers this holiday season, given the iPhone Duo's supply issues and recent reports of cracked displays.
Written by urgent.news from ZDNet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
