Analysts expect memory-chip costs to drag Apple’s quarterly profit growth to its weakest in six quarters.
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The first reviews are mixed, supply is tight, and in South Africa the Duo costs up to R77 000.
Apple’s new CEO John Ternus wants faster product launches, fewer middle managers and a sharper engineering focus.
Analysts have warned that Apple has not clearly defined who the R50 000 iPhone Duo is actually meant for.
The iPhone Duo could easily land at above R50 000 locally, according to calculations by TechCentral.
John Ternus takes over as Apple CEO on 1 September, ending Tim Cook’s tenure and inheriting the company’s biggest challenge.
The clue to what comes next is a small aluminium box Apple announced this week with no keynote at all.
The last big launch of Tim Cook’s tenure comes as memory costs push prices up and always-on agents drive demand.
Apple’s incoming CEO has said he is committed to building on the company’s momentum in the entertainment business.
Apple has overtaken Nvidia to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights.