Apple’s $1,999 iPhone Duo sells out preorders as shipping slips
What’s new: Delivery estimates moved from November to late January within minutes, signaling stronger-than-expected demand for Apple’s first foldable iPhone.
Apple’s new $1,999 iPhone Duo sold through launch-day pickup inventory after preorders opened Friday, with online delivery estimates sliding from November to as late as January. The foldable handset, Apple’s first, goes on sale Oct. 23 and creates a new top-end price tier above the Pro and Pro Max lines. Analysts cited by CNBC said the company is targeting high-spending iPhone users rather than a mass market, betting the device can lift average selling prices even if foldables remain a small share of global smartphone units. Bloomberg Intelligence estimated Duo sales could top 14 million units and generate $28 billion in Apple’s fiscal 2027.