Apple will commit up to $100 million over three years to Perryman Company of Houston, Pennsylvania, to produce titanium for products including the $1,999 foldable iPhone Duo. It is also expanding its work with Qnity Electronics on advanced films for the variable-aperture camera on the iPhone 18 Pro, and says nearly 100 components across the Duo and iPhone 18 Pro are made by American companies in more than a dozen states. These moves fall under the American Manufacturing Program, which Apple expanded to a total of $600 billion in domestic spending. Meanwhile, the Duo faces severe supply limits, with online delivery estimates reaching roughly 14 weeks on the first preorder day, and JPMorgan estimates 8 million to 9 million units will ship this year, below an earlier estimate of about 10 million. Apple has not said whether the Perryman deal will increase near-term capacity.
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AAPLsupply chaintech stocksUS manufacturing
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/19/2026 | 342.94 |
| Change that session | -0.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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