Apple's New Folding Phone iPhone Duo Sells Out Immediately

Yahoo Finance ·

Apple has experienced an overwhelming response to the iPhone Duo, its inaugural folding smartphone, with initial pre-orders selling out merely half an hour after launch. Unveiled last month alongside the iPhone 18 Pro lineup, the device starts at $1,999 and can reach $3,199 with expanded storage. Pre-orders commenced at 1 p.m. UK time and 5 a.m. Pacific time on October 16. Within thirty minutes, both the US and UK online stores indicated that shipping dates had already slipped to January 22, despite the official release scheduled for October 23. Industry analysts point to intricate hinge manufacturing requirements and broader technological component shortages driven by the artificial intelligence sector as primary factors limiting production capacity.

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Apple's first foldable smartphone, the iPhone Duo, sold out within 30 minutes of pre-orders opening, resulting in January shipping delays. Despite its high base price of $1,999, explosive demand emerged, but production constraints and component shortages overlapped. Investors should note the potential for hardware revenue growth while monitoring supply chain disruption risks.

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