China Resellers Cut iPhone Duo Premiums by 2,800 Yuan as $1,999 Foldable Scarcity Fades
Updated
Updated · Yahoo Finance · Oct 30
China Resellers Cut iPhone Duo Premiums by 2,800 Yuan as $1,999 Foldable Scarcity Fades
2 articles · Updated · Yahoo Finance · Oct 30
Summary
Shenzhen resellers cut the markup on a black 1TB iPhone Duo by 2,800 yuan, lowering the asking price to 24,300 yuan from more than 25,000 yuan days after launch.
The drop signals that buyers are already paying less for immediate delivery, even though Apple has not changed the Duo's official pricing.
Apple's $1,999 foldable initially sold out in minutes on Oct. 23, with delivery dates slipping to late January and some regions limiting walk-in sales and preorders to two phones per customer.
Mixed early reviews are adding pressure to resale premiums: critics praised the hinge and design but flagged the lack of a telephoto camera and software not fully optimized for the larger display.
The quick markdown suggests launch-week scarcity in China may be easing faster than expected for Apple's first foldable iPhone.