News · ibtimes.co.in

Apple iPhone Duo pre - orders : Why you may not get the Rs 3 lakh foldable iPhone until January 2027

Apple's first foldable iPhone, the iPhone Duo, reportedly sold out within an hour of pre-orders opening in India on October 16, with delivery estimates now stretching to January 2027. In the US, initial stock reportedly sold out within 15 minutes, though Apple has not disclosed pre-order numbers or inventory. Prices start at ₹2,99,900 for the 256GB model in India and $1,999 in the US, rising to ₹4,49,900 for the 2TB model. The device has a 5.4-inch cover display, a 7.6-inch inner display, an A20 Pro chip and two 48MP rear cameras, and its official retail launch is on October 23.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on ibtimes.co.in ↗

Keywords

Appletech stocksIndia

Open a keyword to see other news on the same topic.

Related tickers and likely impact

AAPL

• Neutral

Apple Inc.

Relevance: low

MarketUS stocks
SectorInformation Technology
IndustryTechnology Hardware, Storage & Peripherals
Market cap$5.0T
Close on 10/16/2026343.47
Change that session+0.43%
AAPL price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Own VGT? Here's How Much of It Is Really Nvidia, Apple, Microsoft, and Broadcom.

    The Vanguard Information Technology ETF (VGT) is a passive index fund holding 318 technology stocks. Nvidia, Apple, Microsoft and Broadcom together made up about 49% of the fund's assets as of Sept. 30. The fund has averaged 15.03% annual returns since its January 2004 inception, with 24.7% over 10 years, 20.9% over five years, 35% over three years and 35.2% over the past year. VGT does not hold Alphabet, Amazon, Meta or Tesla because they are not classified as information technology under its benchmark. The article notes that investors worried about this concentration could instead buy an S&P 500 or Nasdaq-100 ETF for broader diversification.

    Yahoo Finance·ETFtech stocksNvidia
  • Apple Pay debuts in India : how it works , features , and key limitations

    Apple Pay launched in India in late September, letting iPhone, iPad and Apple Watch users tap to pay via Apple Wallet, authenticated by Face ID, Touch ID or a passcode instead of a PIN or OTP. For now the feature is limited to Axis Bank Visa and Mastercard credit cards, though Apple reportedly is in talks with other major domestic lenders. The service also benefits international travelers, who could not use local UPI QR codes with foreign bank accounts. Transactions run through the underlying credit card, and tokenization keeps the real card number from merchants. Experts warn biometrics do not eliminate risks such as device theft, compromised accounts or fraud, and note that Samsung Pay and Google Wallet require a PIN above ₹5,000 and support RuPay, while Apple Pay currently supports neither UPI nor RuPay.

    livemint.com·AppleIndiamobile payments
  • Apple Has Outperformed the S&P 500, but is AAPL's 35x Valuation Getting Ahead of its Growth?

    Apple's one-year total return is well above the S&P 500's nearly 14%, but Yahoo Finance lists its forward P/E at 35.21, up from 25.71 in June 2025. June-quarter revenue rose 16% to $109.4 billion and diluted EPS climbed 29% to $2.02, driven by iPhone revenue that grew from $44.6 billion to $54.3 billion, while Services reached $30.7 billion versus $27.4 billion a year earlier. Operating cash flow for the first nine months of fiscal 2026 was $117 billion, and Apple repurchased $62.1 billion of shares. However, the third-quarter gross margin of 50.1% included about two percentage points from tariff refunds, which added $0.11 to diluted EPS, so part of the 29% EPS gain does not come from recurring operations.

    Yahoo Finance·• AAPLAppleS&P 500valuation
  • What Is Apple (AAPL) Telling The Market With Its Biggest Smart Home Push?

    Apple introduced Apple HomeView, HomePod mini 2 and the Apple Home Collection smart home lineup on 19 October 2026. The Collection adds new categories such as cameras, locks, thermostats and sensors aimed at whole-home control. Apple also announced hardware collaborations with LG Electronics and Schneider Electric covering entertainment devices and energy management products. The article says the push builds on Apple's existing iPhone, Mac, iPad and wearables base and Siri-driven control, which could extend Apple Intelligence across its installed base, while adding risks from memory cost pressure, a broader accessory lineup, competition from Google and Samsung, and reliance on partners.

    Yahoo Finance·• AAPLAppleartificial intelligencesmart home
  • Trump’s $330 Million White House Ballroom Donor List Reveals Nvidia, Apple and Google Among Top Tech Contributors: Report (UPDATED)

    According to the Washington Post, the donor list for President Trump's White House ballroom project reportedly links companies and individuals to federal contracts, policy decisions and a presidential pardon. Nvidia and Apple each pledged $25 million, Google committed $22 million, and Microsoft and Palantir each pledged $10 million. The private campaign collected $333 million, including at least $77 million from anonymous donors, and 57 donors pledged at least $100,000. One highlighted case is Isabela Herrera, who pledged $2.5 million, while her father was pardoned by Trump in January 2026. The project has faced legal challenges; the Supreme Court allowed construction to proceed on Aug. 31, with Trump targeting completion in 2028.

    Yahoo Finance·Donald TrumpNvidiaApple
  • Starboard sees big upside in Skyworks after Qorvo merger, Bloomberg reports

    Starboard Value sees significant upside in Skyworks Solutions (SWKS) if the company delivers on the cost savings and margin targets from its merger with Qorvo, according to Bloomberg, citing people familiar with the matter. The activist investor considers Skyworks undervalued after completing the Qorvo acquisition earlier this month, and sees growth from the companies' complementary product portfolios. The merger targets at least $500 million in annual cost savings within three years, while management forecasts operating margins of 30% to 35% within two to three years. The combined company is valued at about $22 billion, as both firms face slowing growth after Apple shifted toward in-house chips.

    Yahoo Finance·Skyworksmergers and acquisitionssemiconductors

Related markets

US stocks →

Latest news

  • JPMorgan Backs Two Defense Startups With $5 Billion

    JPMorgan has already committed half of its $10 billion investment pool to hypersonic-missile maker Castelion and defense manufacturer Hadrian. The bet reflects America's push to rebuild its defense industrial base.

    Yahoo Finance·• JPMJPMorgandefenseventure capital
  • X-Energy, Amazon, AEP Partner To Evaluate Feasibility Of 960 MW Nuclear Project In Indiana – A Look At The Key Highlights

    X-energy and American Electric Power (AEP) announced a joint development agreement to evaluate the feasibility of a proposed 960-megawatt small modular reactor project in Indiana, with Amazon supporting development through a milestone-based funding agreement. The plant would feature 12 Xe-100 units near the former Breed Generating Station in Sullivan County, redeveloping an AEP-owned brownfield site. It is the second commercial project under the X-energy and Amazon collaboration, which aims to bring more than 5 gigawatts of new nuclear capacity to the U.S. grid by 2039. At the time of writing, XE was up 2%, AMZN gained 3.75%, and AEP fell 1.13%.

    Yahoo Finance·AMZNnuclear powerelectricity
  • Waymo Will Be “a Trillion Dollar Business. Easy” per VC Investor

    Bessemer Venture Partners' Sameer Dholakia says Waymo could become a trillion-dollar business by expanding from ride-hailing into personal car ownership, trucking and logistics. The article notes Bessemer invested in Waymo's $16 billion February round, which valued the company at $126 billion. Waymo reached 500,000 paid rides a week in March, but Sacra estimates its annualized revenue at only $355 million in February, under 0.1% of Alphabet's $403 billion in 2025 revenue. Alphabet trades at 25.0x forward earnings, within its usual range, while Uber trades at 18.2x, a level analyst Walter Piecyk links to the threat from Waymo and Tesla's Robotaxi.

    Yahoo Finance·▲ GOOGLAlphabetself-driving carsvaluation
  • Jensen Huang Declares NVIDIA Can Win “in the Absence of Any AI Labs”

    NVIDIA CEO Jensen Huang said on the BG2 podcast that about a third of the business, classical computing unrelated to AI labs, is growing 30% to 40% a year, while frontier labs account for roughly 25% to 30% of compute. In the three months to July 26, 2026, revenue rose 106% to $96.2 billion, with AI clouds, industrial and enterprise revenue up 138%. Steve Eisman cited a 10-Q line showing 70% of NVIDIA's accounts receivable comes from five customers, though the article notes receivables are not the same as revenue share. NVIDIA trades at 17.7x forward earnings, near its three-year low of 17.5x and well below its 30.3x average.

    Yahoo Finance·▲ NVDANVDAJensen Huangartificial intelligence
  • AWS Margin Expansion and Retail Execution Power Amazon (AMZN) in Q3

    Wedgewood Partners reported that its Wedgewood Composite returned 2.5% net in the third quarter of 2026, compared with 2.3% for the S&P 500 and 0.9% for the Russell 1000 Growth. In its investor letter, the firm named Amazon a leading contributor, citing AWS revenue growth accelerating to 37% from 17% a year earlier and a 63% rise in the segment's operating income. AWS backlog of around $500 billion is more than double last year's level and up 37% from 90 days earlier, and Wedgewood said this demand supports a plan to double AWS capacity from circa 2025 levels by 2027. Advertising grew 26% and generated over $75 billion in revenue over the past 12 months. As of October 16, 2026, Amazon closed at $250.00, with a market capitalization of $2.7 trillion and a 21.22% gain over the past year.

    Yahoo Finance·▲ AMZNAMZNcloud computingearnings
  • Bitcoin is rejected at $83K as US bond yields reverse higher with equities

    Bitcoin failed to follow rising equities as a wall of sell orders above $83,000 across exchanges capped gains, and BTC slipped below $82,000 after Monday's Wall Street open. The Nasdaq Composite gained 1.5% and South Korea's KOSPI rose 1.76% to 5,768 points, while the US 10-year yield climbed to 5.13% and the 30-year to 5.46%, moving in step with stocks ahead of major tech earnings from Meta, SpaceX and Tesla. QCP Capital warned that a repeat of last week's tech sell-off could threaten the $80,000 support level. Crypto liquidations totaled $335 million over 24 hours, and the Binance whale ratio fell to 0.45 from 0.54 at the start of October.

    Cointelegraph·▼ BTC/USDT▼ ETH/USDTbitcoincryptobonds

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.