Apple Lifts iPhone Duo Orders 30% as Foldable Sales Outlook Jumps to 10 Million
Updated
Updated · Yahoo Finance · Oct 26
Apple Lifts iPhone Duo Orders 30% as Foldable Sales Outlook Jumps to 10 Million
3 articles · Updated · Yahoo Finance · Oct 26
Summary
Apple has told suppliers to accelerate iPhone Duo production and raise orders by 30% after the foldable model sold out almost immediately following its Friday launch.
January 22 is the expected start of a second shipment wave, underscoring that initial inventory was too small to meet demand and that launch sales were largely limited to pre-orders.
8 million to 10 million units are now projected for this year, up from an initial estimate of about 6 million, with shipments seen reaching 33 million by 2027.
Foxconn assembles the Duo and TSMC makes its core processor, while Apple is testing whether strong demand can hold despite pricing above comparable Samsung and Google foldables.