Apple said demand for its first foldable phone, the iPhone Duo, has been "extraordinary," with shipping estimates slipping within minutes of preorder launch. Delivery timing moved from November to December and was later pushed to late January 2027. The delay affects every storage tier from 256GB to 2TB and all color options.
The iPhone Duo starts at $1,999 and reaches $3,200 for the top configuration. Apple said it is working to improve fulfillment efficiency, while first deliveries are scheduled to begin on Oct. 23. The device features a 7.6-inch inner display and a version of iOS redesigned for the foldable form factor.
Apple is also dealing with the component shortages affecting the consumer electronics sector this year, especially limited memory chip supply, which has led the company to raise prices across its product line. Later this month, Apple is set to launch a touchscreen MacBook Pro and other devices.
Bloomberg Intelligence analysts Anurag Rana and Josh Christensen raised their sales expectations, saying iPhone Duo shipments could top Apple’s earlier fiscal 2027 forecast of 14 million units and $28 billion in revenue. They also said a successful upgrade cycle among existing iPhone Pro and Pro Max users could lift the iPhone lineup’s average selling price. Apple shares rose 0.43% to $343.46 on Friday and were up 1.61% over the past five days.
Apple said on Oct. 17 that preorder demand for the iPhone Duo, its first foldable smartphone, has been "extraordinary." Within minutes of preorders opening, shipping estimates moved from November to December, before slipping again to late January 2027.
The delays affect all storage options from 256GB to 2TB, as well as every color variant. Apple said it is making every effort to improve delivery efficiency, with first shipments scheduled to begin on Oct. 23.
Pricing and hardware details
The iPhone Duo starts at $1,999, while the highest-end configuration is priced at $3,200. The device features a 7.6-inch inner display and runs an iOS experience redesigned for the foldable format.
Supply constraints and upcoming launches
Apple is facing the component shortages that have affected the consumer electronics industry this year, particularly tight memory chip supply. The company said those pressures have also forced price increases across its broader product lineup.
Later this month, Apple plans to introduce a touchscreen MacBook Pro and other devices.
Analysts lift forecasts
Bloomberg Intelligence analysts Anurag Rana and Josh Christensen raised their sales outlook, saying iPhone Duo sales could exceed Apple’s earlier fiscal 2027 forecast of 14 million units and $28 billion in revenue.
They added that if the model succeeds in attracting upgrades from existing iPhone Pro and Pro Max users, the overall average selling price of iPhones could rise notably.
Share price move
Apple shares gained 0.43% on Friday to close at $343.46. Over the past five days, the stock is up 1.61%.
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