Apple has asked suppliers to raise production and increase orders for the iPhone Duo by 30%, according to a Taiwan's Economic Daily report on Monday, citing strong demand for the company's first foldable phone. The device nearly sold out right after going on sale on Friday, and a second wave of shipments is only expected to begin on January 22. Estimated iPhone Duo shipments this year have risen from about 6 million units to between 8 and 10 million, with 33 million units expected by 2027. The phone is assembled by Foxconn, uses a core processor made by TSMC, and is priced well above comparable offerings from Samsung and Google.
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Related tickers and likely impact
AAPL
▲ Likely positiveApple Inc.
Relevance: high
| 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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