Monday, 09 November 2026
Tech

Apple CEO Unable to Say When Foldable iPhone Duo Shortage Will End

Apple CEO John Ternus did not specify when the supply of the foldable iPhone Duo will meet demand, as the company currently cannot forecast this.

03 Nov, 14:08Read in Russian

Apple released the foldable iPhone Duo for $1,999 last month, but pre-orders sold out quickly, and some deliveries are expected only in 2027. A limited batch of devices was available in stores at launch.

In an interview with Reuters, Ternus stated that only a very small percentage of iPhone Duo owners returned their devices due to cracked screens. Apple is replacing such devices.

According to Ternus, memory prices are currently at unprecedented highs. The company expects even higher costs in the December quarter but plans to partially offset them with a recent price increase on its products.

Despite the absence of a standard iPhone 18 model, Apple's iPhone sales revenue in the fourth quarter of 2026 reached $57.58 billion.

Read also