Apple says iPhone Duo supply shortage will persist with no clear resolution date
Apple executives confirmed that the new iPhone Duo remains constrained by memory shortages, and the company cannot forecast when production will meet demand. The CEO, John Ternus, and COO, Sabih Khan, both said the ramp is progressing but the balance between supply and demand is still unknown. Delivery windows for online orders have been moved to late January 2027, and a small share of units have returned for display defects. Apple posted Q4 revenue of $114.5 billion, with iPhone sales of $57.58 billion.
Why it matters
The ongoing shortage may keep the iPhone Duo priced at its $1,999 launch level and could pressure margins as higher memory costs reduce gross margins, according to the CFO’s comments. Investors should expect continued supply‑related constraints on Apple’s flagship product line into the next quarter.
Key facts
- 1Apple reported Q4 revenue of $114.5 billion. appleinsider.com
- 2iPhone sales in the quarter totaled $57.58 billion. finance.yahoo.com
- 3The iPhone Duo launch price is $1,999. finance.yahoo.com
- 4Online delivery estimates for the iPhone Duo have been shifted to late January 2027. finance.yahoo.com
- 5Apple CEO John Ternus said the company cannot predict when supply and demand will be in balance. appleinsider.com
- 6COO Sabih Khan echoed that it is "really hard" to forecast when the Duo’s supply will meet demand. finance.yahoo.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.