Apple CEO Ternus Says iPhone Duo Shortages Have No End Date in Sight - MacRumors
Apple CEO John Ternus announced that the company cannot meet the high demand for the new iPhone Duo, with no clear timeline for supply stabilization. Additionally, Apple is addressing minor display issues reported by a small percentage of users.
Why it matters
Supply chain constraints for flagship products impact Apple's revenue and consumer satisfaction during peak sales periods.
Apple is unable to meet demand for the iPhone Duo and there's no timeline for when the company will catch up, CEO John Ternus told Reuters following today's earnings report .
Duo is constrained as of today. The ramp is going well, and we're working hard to get it to as many customers as quickly as possible, but at this point, we're not able to predict when supply and demand will be in balance.
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