The rapid depletion of iPhone Duo stock comes amid strong financial momentum, with Apple reporting full-year revenue growth of 15% to $479 billion. While iPhone and Mac divisions generated record quarterly figures, broader operations face processor bottlenecks from Taiwan-based TSMC that will linger into next year. Additionally, high memory storage demand from artificial intelligence platforms like OpenAI and Anthropic has drastically increased company expenses. Apple is currently replacing affected foldable units as it attempts to stabilize its manufacturing pipeline.
Key points
Severe component shortages from primary chipmaker TSMC are projected to squeeze Mac and i…: Severe component shortages from primary chipmaker TSMC are projected to squeeze Mac and iPad production into next year.
Surging memory costs fueled by AI platforms like Anthropic and OpenAI have driven hardwar…: Surging memory costs fueled by AI platforms like Anthropic and OpenAI have driven hardware prices up by approximately 20%.
Leadership cannot currently provide a reliable timeline for when iPhone Duo production wi…: Leadership cannot currently provide a reliable timeline for when iPhone Duo production will satisfy customer demand.
Sources checked by our analysis pipeline: 1
- Published
The new head of Apple says the company is working to get its new foldable iPhones available to more people after the $1,999 smartphone quickly sold out when it was released just over a week ago.
John Ternus, who in September took over the role as Apple's chief executive from Tim Cook, said on Monday that he was "thrilled" at the early reaction to the iPhone Duo.
While the costly phone, which sells for £1,999 in the UK, immediately sold out, some buyers have seen their screens crack.
The phones are still in high demand and Sabhi Kahn, Apple's new chief operating officer, said the technology giant did not know when more Duos would be available.
"At this time, it's really hard to predict when supply and demand will be in balance," Kahn said during a call with financial analysts to discuss Apple's latest financial results.
Apple executives did not mention during the call any issues with the iPhone Duo. But last week, the company said it would replace any phones that were impacted by an issue that…
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