Apple says pre-order demand for iPhone Duo is "unusually high", with shipping schedules delayed to the end of January next year.
53 minutes ago
Apple said pre-order demand for its first foldable iPhone, the iPhone Duo, is "unprecedented". Within minutes of pre-orders opening, shipping timelines were pushed from November to December, then further delayed to the end of January 2027, affecting all storage configurations from 256GB to 2TB and every color option. Apple noted it is making every effort to boost delivery efficiency, with first shipments set to launch on October 23. The iPhone Duo starts at $1,999, with the top-tier configuration priced at $3,200. It features a 7.6-inch inner display and a redesigned iOS experience tailored for the foldable form factor. Apple is grappling with component shortages that have plagued the consumer electronics industry this year, particularly a shortage of memory chips, which has forced the company to raise prices across its entire product line. It will also launch a touchscreen-equipped MacBook Pro and other devices later this month. Analysts Anurag Rana and Josh Christensen from Bloomberg Intelligence have raised their sales forecasts, projecting that the iPhone Duo could exceed Apple’s previous estimates of 14 million units sold and $28 billion in revenue for fiscal 2027. If the device successfully attracts existing iPhone Pro and Pro Max users to upgrade, the overall average selling price of iPhones is also expected to rise significantly. Apple’s stock rose 0.43% on Friday to close at $343.46, marking a 1.61% gain over the past five days.
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