Apple Unveils Foldable iPhone Duo Amid Price Hike and Leadership Shift

Apple's customers may be more inclined to upgrade their iPhones due to new hardware and AI features, according to analysts Gene Munster of Deepwater Asset Management and Dan Ives of Yorkville. The tech giant has recently increased prices for its latest iPhone models, but not as significantly as some other phones on the market.

The price hike for Apple's latest iPhones may be less noticeable to consumers due to their strong brand loyalty. However, a recent study found that one Bitcoin can now buy 60 iPhones, down from 0.9 in 2016. This significant drop is being attributed to Bitcoin's decreased value over the years.

Apple also made headlines this week with the unveiling of its new foldable iPhone Duo and the appointment of John Ternus as the company's new CEO. Ternus' leadership style has been compared to Steve Jobs', marking a potential departure from Tim Cook's approach.