iPhone Duo Sells Out, Setting a New Record for Apple: Did Everyone Buy into the Foldable iPhone After All This Waiting?
The foldable iPhone is officially a huge hit!
Summary
・ Apple has officially launched its first foldable phone, the iPhone Duo. Its versatile dual-mode design has sparked a buying frenzy, with the first wave of pre-orders and in-store stock selling out instantly. ・ Starting at nearly US$ 2,000, market demand has far exceeded expectations, pushing shipping schedules for some pre-orders into January 2027. ・ Driven by the launch, Apple's stock price surged past US$ 351 per share, briefly driving its market value to US$ 5.13 trillion and temporarily overtaking Nvidia as the world's most valuable company. ・ Breaking away from the traditional candy-bar form factor, the device marks a generational shift in design, combining portability with the multitasking advantages of a large unfolded screen, though its screen durability and weight remain to be tested over time.
Are you an Apple fan who tunes in every time a new iPhone drops? This year’s most anticipated device is undoubtedly the brand’s first foldable phone, the iPhone Duo. It has been driving non-stop buzz since its announcement, and demand turned out to be even higher than expected after the official launch. The first batch of pre-orders filled up instantly, in-store stock in several markets sold out quickly, and the momentum coincided with a historical milestone: Apple’s market capitalization surpassing $5.1 trillion. So, what makes this new smartphone—priced at nearly $2,000—so tempting?
After years of waiting, a foldable iPhone finally gets fans to open their wallets
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While other smartphone brands rolled out foldable devices one after another, Apple fans were left waiting to see when the iPhone would finally take on a new form. Now, the answer is here. Launched on October 23, the iPhone Duo turns the familiar iPhone design into a foldable device. Closed, it functions as a compact phone that’s easy to carry everywhere; unfolded, it offers a wider display that creates fresh ways to stream videos, view photos, or multitask.
Even with prices starting near $2,000, Apple fans couldn’t hold back. When pre-orders opened on October 16, initial supplies vanished almost immediately, pushing estimated delivery times for some orders as far back as January 2027. On launch day, limited store inventory sold out in a flash, making this new iPhone one of the hottest topics in tech right now.
How popular is the iPhone Duo? Apple’s market value tops $5.1 trillion
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Alongside strong handset sales, Apple delivered impressive stock performance. According to foreign media reports, Apple shares briefly topped $351 on October 23, the day the iPhone Duo went on sale. That boosted the company’s market value to around $5.12 trillion to $5.13 trillion, briefly surpassing Nvidia during trading hours to become the world’s most valuable publicly traded company.
For Apple, launching this foldable phone is a major milestone. For years, the iPhone continuously upgraded its cameras, performance, and cosmetic details, but kept the same familiar slate shape. The iPhone Duo introduces a much bolder design shift, showing the market Apple’s potential in the smartphone space. Still, initial sales were driven partly by tight supply, so whether it can maintain this momentum remains to be seen in future performance.
Will a foldable phone be your next reason to upgrade?
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Expectations for smartphones seem to be shifting—from wanting larger screens and thinner bodies to wanting a phone that adapts effortlessly across different scenarios. For women who love taking photos, streaming shows, reading, or working on their phones, an iPhone that slips easily into a handbag yet opens up into a larger screen is undeniably appealing.
Beyond its sleek look and novel experience, factors like display durability, weight, and long-term comfort remain important details to weigh before buying. With the arrival of the iPhone Duo, Apple opens a fresh chapter for the iPhone. Looking at the rush to buy, are you ready to upgrade, or will you stick with the classic flat iPhone?
Join Popbee Circle and subscribe to the Popbee newsletter to get the latest updates instantly, plus early access to perks and discounts! Beyond this story, here are a few recent articles you might like:
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