Technology & AI

Apple opens preorders for its inaugural foldable iPhone

The $1,999 iPhone Duo, unveiled alongside the iPhone 18 Pro, became orderable on Oct 16 as Apple's debut folding device.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

This story is no longer being updated. It reflects reporting up to .

What happened

Apple began taking preorders for the iPhone Duo, its first foldable phone, priced at $1,999. The device was unveiled at an event that also introduced the iPhone 18 Pro. Early demand is building as analysts weigh whether the foldable can raise iPhone prices and revenue.

Why it matters

Analysts are assessing whether the foldable can lift iPhone pricing and revenue for Apple.

Timeline

  1. Oct 16, 5:36 AM ET: The Apple Store went down ahead of the iPhone Duo's preorder launch.
  2. Oct 16, 8:00 AM ET: The iPhone Duo became available to preorder at $1,999.
  3. Oct 16, 2:52 PM ET: Early demand for the $1,999 iPhone Duo was drawing attention as analysts assessed its impact on pricing and revenue.

Coverage

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