From Mashable · Amanda Yeo · · 1m
Apple CEO Ternus on iPhone Duo and Price Hikes
Apple's new CEO addresses iPhone Duo backorders and price increases after Q4 2026 earnings call.
In brief
Apple's new CEO addresses iPhone Duo backorders and price increases after Q4 2026 earnings call. Apple's Q4 2026 earnings showed $114.5 billion revenue with iPhone Duo on backorder and price hikes for older models. Originally reported by Mashable.
Apple Q4 2026 Earnings
Apple reported $114.5 billion quarterly revenue, a 12 percent increase from last year.
iPhone Duo Launch
iPhone Duo is Apple's most transformational iPhone since the original, with preorders selling out within hours.
iPhone Duo Backorder
iPhone Duo is on backorder with shipments expected to resume late January 2027.
Price Increases
Apple raised prices for iPhone 16, 17, 17e, and Air in September due to memory chip demand.
Memory Chip Costs
Memory prices are climbing every quarter, with higher costs expected for December 2026.
Supply Constraints
iPhone Duo supply is constrained with no clear timeline for balancing supply and demand.
In short
Apple's Q4 2026 earnings showed $114.5 billion revenue with iPhone Duo on backorder and price hikes for older models.
