IT Home, November 3: Following the release of Apple’s fiscal year 2026 (September 28, 2025 – September 26, 2026) annual report and fourth fiscal quarter (June 28, 2026 – September 26, 2026), CEO John Ternus stated that the company’s first foldable iPhone Duo remains constrained by production capacity, and Apple is currently unable to meet market demand or predict when supply and demand will rebalance.
Tenus said that production ramp-up for the iPhone Duo is “progressing smoothly,” and Apple is working to deliver more units to consumers, but there is no clear end in sight for the shortage in the short term. Customers who place orders for the iPhone Duo are currently expected to receive their devices only by January next year; many physical stores have almost no stock available for online reservation.
In addition, in response to user reports of screen issues with the iPhone Duo—specifically, cracks appearing along the hinge on the inner display accompanied by bright lines—Tennus stated that the affected devices represent only a “very small percentage,” and Apple is providing replacement services for impacted users.
In terms of financial results, Apple reported revenue of $114.5 billion for the September quarter (IT Home note: approximately RMB 762.67 billion at current exchange rates), a 12% year-over-year increase and a record for the period; however, sales of the iPhone Duo, which launched after the end of the quarter, were not included in this quarter’s financial results.