Apple Launches $1,999 Foldable iPhone Duo as Delivery Waits Slip to January 2027
Updated
Updated · Yahoo Finance · Oct 20
Apple Launches $1,999 Foldable iPhone Duo as Delivery Waits Slip to January 2027
3 articles · Updated · Yahoo Finance · Oct 20
Summary
Apple’s first foldable iPhone reaches stores Oct. 23 at $1,999 for 256GB, but most buyers now face waits until late January 2027 after pre-orders opened Oct. 16.
Online delivery estimates stretched past three months within hours, and Apple reportedly told retail staff to warn customers not to expect in-store availability without a pre-order.
Memory shortages are constraining supply just as Apple tests whether demand can hold at a price 82% above the iPhone Pro and as high as $3,199 for 2TB.
Analysts say the payoff could be significant: Bloomberg Intelligence sees Duo sales topping its prior 14 million-unit, $28 billion fiscal-2027 estimate, while JPMorgan says the delays reflect both strong demand and a difficult supply ramp.
Foldables account for just over 2% of global smartphone units but about 7% of industry revenue, making the Duo a high-ASP bet ahead of Apple’s Nov. 2 quarterly results.