Apple says it cannot predict when more foldable iPhone Duos will be available

The short version

• The $1,999 iPhone Duo sold out just over a week after its release, according to BBC News.[BBC News]
• Chief Operating Officer Sabhi Kahn said Apple cannot predict when Duo supply and demand will balance.[BBC News]
• Apple said it will replace phones affected by an inside-fold cracking issue that involves a small number of devices.[BBC News]
• Apple expects chip supply constraints to persist into next year and has raised prices on nearly all hardware by about 20%.[BBC News]

Key facts

• Apple's $1,999 (£1,999 in the UK) iPhone Duo sold out after going on sale just over a week before the reporting.[BBC News]
• Apple's chief operating officer Sabhi Kahn said on an earnings call that Apple did not know when more Duos would be available.[BBC News]
• Kahn said it is hard to predict when supply and demand for the Duo will be in balance.[BBC News]
• Apple said it would replace phones affected by an issue that caused a small number of the new phones to crack along the inside fold.[BBC News]
• In the three months to 26 September, which excluded Duo sales, Apple's iPhone sales rose 17% to $57bn.[BBC News]
• Kahn said most Apple devices still face supply constraints tied partly to difficulty obtaining enough advanced-node microprocessors, and that these are expected to continue into next year, particularly affecting iPads and Macs.[BBC News]
• Apple has raised prices on essentially all of its hardware products by around 20%, citing increased data centre and memory costs.[BBC News]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Apple unsure when more foldable iPhones will be available after selling outBBC News - Business