Stocks
iPhone Duo Sales Forecasted to Reach 6M Units This Year
Apple's AAPL shares rose modestly on Wednesday as Counterpoint Research estimated that the iPhone Duo could sell 6 million units this year. The iPhone Duo is Apple's first foldable smartphone, starting at $1,999 for the 256 GB option and running up to 2 TB.
The device has a 7.6-inch Super Retina XDR display, making it 50% larger than the iPhone 18 Pro Max and 80% larger than the iPhone Pro. Pre-orders start on Oct. 16, with availability on Oct. 23.
However, UBS analyst David Vogt noted that wait times for the iPhone 18 Pro and Pro Max are 'flattish,' meaning relatively unchanged compared to last year. The only notable delta was a -2 day decrease in the US.