Apple's First Folding iPhone Faces Preorder Shortage
· Technology · Bloomberg
Shipping estimates for Apple's first folding phone, the iPhone Duo, slipped into January within minutes of preorders opening on Friday. The device is priced at $1,999 and is scheduled for release on October 23. Strong demand and constrained supply suggest the phone will be challenging to purchase at launch or in the near future. Bloomberg's Anurag Rana discussed the implications on Bloomberg Intelligence.
Why it matters
Consumers seeking the latest Apple technology may face extended wait times for the iPhone Duo. The shortage could delay adoption of folding phones in the premium smartphone market.
Read the original report — Bloomberg
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