Apple Reports Supply Constraints for New iPhone Duo Amid Rising Component Costs
During its fiscal fourth-quarter earnings call, Apple COO Sabih Khan addressed significant supply constraints affecting the new iPhone Duo. Despite a successful product ramp, high demand has pushed shipping timelines into next year, forcing carriers like Verizon to offer customer apologies and incentives. The company noted that while demand is 'extraordinary,' balancing supply with this level of interest remains difficult. Beyond device availability, Apple is facing headwinds from rising memory chip costs driven by the global AI industry boom. These increased component expenses have forced the company to reluctantly raise prices on several products. To bolster production for the Duo, Apple is deepening its partnership with titanium producer Perryman to secure essential materials.
Topics: AI industry demand iPhone Duo shipping delays Memory chip cost increases Product pricing Supply chain constraints
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Part of the story Apple Faces Supply Constraints and Rising Memory Costs for New iPhone Duo (3 articles)