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Apple says iPhone Duo remains supply-constrained and cannot predict when it will balance

TechnologyInternational9to5MacAI summary
Image: 9to5Mac

Apple reported record fourth-quarter earnings, beating Wall Street expectations overall, in a period that did not include iPhone Duo sales because it went on sale in October. In an interview with Reuters, CEO John Ternus said the Duo is "constrained" and that the company is not able to predict when supply and demand will be in balance. He also said "a very small percentage" of units had been returned for display issues and that Apple is replacing them with new models.

In 40 seconds

  • Apple reported record fourth-quarter earnings, beating Wall Street expectations
  • The reported period (July-September) did not include iPhone Duo sales, as the device went on sale in October
  • Ternus: the Duo is "constrained" and it is not possible to predict when supply and demand will balance
Read the full story at 9to5Mac

IASummary generated by artificial intelligence from a story by 9to5Mac. It may contain errors: the original source prevails.

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