Apple Sells Out $1,999 iPhone Duo as Supply Crunch Clouds Restock Timing
Updated
Updated · BBC.com · Nov 3
Apple Sells Out $1,999 iPhone Duo as Supply Crunch Clouds Restock Timing
3 articles · Updated · BBC.com · Nov 3
Summary
$1,999 iPhone Duos sold out within days of launch, and Apple said it still cannot predict when supply will catch up with demand.
Sabih Khan told analysts the imbalance reflects both strong demand and ongoing shortages of advanced-node chips, with constraints expected to persist into next year and hit Macs and iPads too.
Apple did not raise Duo screen-crack issues on the earnings call, though it said last week it would replace a small number of phones affected along the inside fold.
Before Duo sales even counted, iPhone revenue rose 17% to $57 billion in the September quarter, helping lift annual company sales 15% to $479 billion despite weaker iPad and wearable results.