John Ternus addresses iPhone Duo supply constraints, display issue
Key Points:
- Apple reported record Q4 earnings that surpassed Wall Street expectations, though the quarter did not include sales from the iPhone Duo as it launched after the period ended.
- CEO John Ternus stated that Apple is currently facing supply constraints for the iPhone Duo and cannot predict when supply and demand will be balanced.
- Shipping estimates for the iPhone Duo remain delayed until late January, unchanged since pre-orders sold out on October 16.
- Ternus confirmed that a very small percentage of iPhone Duo units have been returned due to display issues, and Apple is replacing those affected devices.