Apple's CEO John Ternus has indicated that the company cannot predict when supply constraints for the iPhone Duo will be resolved. Despite efforts to meet demand, preorders have sold out, with some deliveries not expected until 2027. The launch of the foldable device, priced at $1,999, has been impacted by ongoing supply chain issues and rising memory costs.
Ternus noted that memory pricing is currently at unprecedented levels, contributing to increased prices across Apple's product range. The company anticipates even higher memory costs in the upcoming quarter, although recent price hikes may help mitigate some of the impact.
Watch for how Apple navigates the ongoing supply chain challenges, especially with memory costs impacting pricing. The demand for the iPhone Duo could lead to strategic shifts in production or pricing models. Keep an eye on future earnings reports for insights on recovery.