John Ternus, Apple's new CEO, addressed supply constraints and display concerns for the iPhone Duo during his first earnings call. The first foldable iPhone sold out quickly online and drew lines at Apple stores in October. Ternus remained vague about when Apple will balance supply and demand, stating the ramp is going well but current units are constrained.
He also discussed the rebuilt Siri, now handling 2.5 billion requests daily. Some customers reported cracked screens, and Apple is replacing affected units. An AI-driven surge in memory demand pushed component costs higher, prompting Apple to raise iPhone 17 and MacBook prices.
Ternus reflected on the revamped Siri, initially slated for 2024 and facing repeated delays before finally launching. Apple reported Q4 earnings of $114.5 billion on November 2. A small percentage of Duo units have been returned for display issues.
Apple is increasing efforts to meet demand as the product ramp continues.
Source: AppleInsider · Summarized by HeadlinesBriefing