Apple unveils foldable iPhone Duo starting at $1,999
Apple's new CEO John Ternus introduced the iPhone Duo, the company's first foldable device, at a Cupertino launch event. The phone opens to a 7.6-inch screen and will launch October 23 at a price lower than analysts anticipated, while Apple also debuted an AI-driven Siri, a new A20 Pro chip, and a $100 price increase on the standard iPhone 18 Pro lineup.
GoKawiil's interpretation of the reporting above, not reported fact.
Apple entering the foldable category years after Samsung signals the segment has matured enough for mass-market appeal, and its pricing strategy could pressure rivals. The simultaneous price hike on flagship phones shows Apple absorbing rising component costs while still trying to keep its newest format competitively priced.
- iPhone Duo launches October 23 at $1,999, undercutting Wall Street price expectations.
- Apple also debuted an AI-enhanced Siri and a new A20 Pro chip alongside the foldable.
- Standard iPhone 18 Pro and Pro Max prices rose $100 due to higher component costs.
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See Anker MagGo Magnetic Power Bank on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: cnbc.com — Luke Fountain, 2026-09-10
Published there as: “Apple's foldable phone, Macy's earnings, Treasury buybacks and more in Morning Squawk”
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