Apple held its Q4 2026 earnings call on Monday, its first since John Ternus took over from Tim Cook as its new CEO. The tech giant reported quarterly revenue of $114.5 billion, marking a 12 percent increase compared to the same period last year. Unsurprisingly, a large chunk of that came from iPhone sales.

iPhones remain Apple's biggest money spinner, making the company a net profit of $57.6 billion in the three months from July to September. That's a 17 percent increase from the $49 billion it made during the same period last year. Calling Q4 2026 "one of the most prolific launch periods in [Apple's] history," Ternus specifically cited the iPhone Duo as "the most transformational iPhone since the original."

"We have been thrilled with the early response from reviewers and customers, and we are working hard to get iPhone Duo into customers' hands as quickly as we can," Ternus said.

While Apple's consolidated financial statements didn't break down exactly how much profit can be attributed to each iPhone model, the iPhone 18 Pro and Pro Max were two of Apple's biggest releases within Q4. The iPhone Duo orders opened too late to be included in these quarterly results, but the launch itself was a big deal for Apple. The device had been highly anticipated for years prior to its unveiling in September, with preorders for Apple's first foldable phone selling out within hours despite a starting price of $1,999.

The iPhone Duo is currently on backorder, with the Apple Store stating that shipments are expected to resume late January next year.

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