Apple has reportedly asked suppliers to increase iPhone Duo orders by 30% after demand exceeded initial stock, according to a Monday report by Taiwan's Economic Daily citing industry sources. The foldable device went on sale globally on Friday and reportedly sold out almost immediately, with the next round of shipments not expected to begin until 22 January. Estimated shipments for this year have reportedly risen from about 6 million units to between 8 million and 10 million, and the report projects 33 million units by 2027, though that is a projection rather than a confirmed target. Foxconn assembles the device and TSMC makes its main processor, and the iPhone Duo is priced well above comparable foldables from Samsung and Google. The report did not disclose the size of the initial inventory, so the sell-out does not reveal total purchase volume.
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AAPL
▲ Likely positiveApple Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 10/23/2026 | 347.73 |
| Change that session | -0.14% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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