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Apple Foldable iPhone Could Change Smartphones Forever
Yahoo Finance • • general
Key Points:
- Apple introduced the $1,999 iPhone Duo, its first foldable smartphone, featuring a 7.6-inch display designed for portability and enhanced multitasking, gaming, and video experiences.
- Bloomberg Strategist Mark Gurman believes the iPhone Duo could popularize foldable smartphones and drive broader adoption of the category over the next decade.
- Despite Samsung's earlier entry into foldables, the segment remains a small part of global smartphone sales, with Apple's high starting price potentially limiting initial adoption.
- Gurman anticipates price reductions as component costs fall and Apple's device-leasing options expand, along with potential future models that could be larger or more affordable.
- The iPhone Duo is set for preorder on October 16 and will begin shipping to customers on October 23.
