Apple's first foldable smartphone, the iPhone Duo, goes on sale Friday at a starting price of $1,999, but supply is tight. Pre-orders sold out almost immediately and delivery times now stretch into late January, while Apple Stores have only limited units for walk-in customers. Scalpers are reselling the phone on sites like eBay for more than $4,000. The iPhone generated $209.58 billion of Apple's $416.16 billion revenue in 2025, well ahead of Services at $109.15 billion.
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Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.0T |
| Close on 10/21/2026 | 344.05 |
| Change that session | +1.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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