iPhone Duo Sees 6 Million Unit Forecast as Apple's Market Capitalization Tops $4.8 Trillion
Apple's highly anticipated iPhone Duo is expected to ship six million units by 2026, according to tech analytics firm Counterpoint. The device will come with a price tag ranging from $1,999 to $3,199, depending on storage options. Apple has seen significant success with its iPhones, accounting for half of the company's total revenue in the previous quarter, which reached $54 billion. This represents a 22% increase year-over-year.
The iPhone Duo is expected to be priced at an initial installment of $1,999, but storage configurations could push it up to $3,199. For those purchasing through Verizon, the cost may dip to $42 per month over a 48-month plan. Analysts speculate whether consumers might gravitate towards the premium iPhone 18 Pro or Pro Max models as alternatives to the Duo.
With Apple's market capitalization standing at $4.8 trillion, trailing Nvidia's remarkable $5.5 trillion, investors are closely watching the company's performance. The success of foldable devices has been difficult to ascertain, with Samsung's Galaxy Z Fold8 reportedly not selling as well as expected.