Apple’s iPhone Duo Sold Out In Minutes. The Last Time Apple Reinvented The Phone, One Apple Supplier’s Stock Soared About 1,200% In A Decade

Key Points:

• Apple launched its first foldable phone, the iPhone Duo, with worldwide preorders opening on Oct. 16 and the phone set for sale on Oct. 23; however, many buyers face delivery delays of nearly three months due to high demand and limited supply.
• Supply chain constraints, particularly with the complex hinge assembly yielding just above 60%, have led to production challenges, causing analysts to lower shipment estimates for 2026 from 7 million to around 6 million units.
• The foldable iPhone is expected to capture about 25% of the global foldable market this year, behind Samsung Electronics' 38%, with various estimates forecasting sales between 6 million and 10 million units.
• Historical data from the original 2007 iPhone launch shows that most Apple suppliers did not outperform Apple’s stock, with Skyworks Solutions being a notable exception; however, current foldable iPhone suppliers have not yet seen similar stock surges.
• Reports identify Samsung Display as the sole foldable panel supplier for the Duo, with additional contributions from various component manufacturers and assemblers, including Foxconn and LG Innotek, though Apple has not officially confirmed these supplier details.