Apple's Expensive iPhone Duo Set to Sell 6 Million Units Amid Supply Concerns

Apple's latest iPhone Duo has sparked concern among investors due to its hefty price tag of $1,999 for the base model. However, analysts at Counterpoint expect the company to sell a whopping 6 million units this year.

The Duo's high-end variant costs as much as $3,199 with additional storage, but Apple's ability to meet demand is still a concern. As per Bloomberg, Counterpoint's analysts have one caveat - can Apple produce enough of these expensive devices?

While the iPhone Duo's sales figures are expected to be robust, there is no clear indication of how well Samsung's Galaxy Z Fold8, another foldable phone, is selling.

The tech giant has traditionally relied on its iPhones to drive revenue growth, and the latest quarter was no exception. iPhone revenue reached $54 billion, accounting for 22% year-over-year growth.