Apple unveils the $1,999 iPhone Duo, its first foldable iPhone
The Information says it's Apple's most expensive iPhone yet, as the company bets customers will pay for a new form factor.
TLDR
The Information reports that Apple CEO John Ternus showed off the company's first foldable iPhone, the $1,999 iPhone Duo. Apple is betting customers will pay for the new form factor, the outlet says, noting that global foldable smartphone revenue rose 16% in 2025, outpacing nonfoldable phones.
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