D. High price tag in a sensitive market due to poor economics and sentiments. Chinese phones are way ahead in terms of foldable technology and at a much more competitive price point with wider variety
Apple Launches First Folding iPhone 'Duo' with Positive Market and Analyst Reception
Apple has officially launched its first folding iPhone, named the Duo, priced at $1,999. The product has been well received, with shares rising 0.78% in premarket trading. Goldman Sachs praised the pricing strategy and design, expecting the device to open the mass market and positively impact the supply chain. Shipment forecasts for 2026 range from 14 million units in the base case to 35 million in the optimistic scenario.
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