Apple Inc. quickly sold out of its limited in-store inventory for the new iPhone Duo
Apple has launched its new foldable device, the iPhone Duo, which sold out quickly in stores despite a high price point of nearly $2,000. The release marks a major strategic shift for Apple into the foldable smartphone market.
Why it matters
The success of the iPhone Duo is a critical test for Apple's ability to dominate a new hardware category after years of niche market performance by competitors.
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Apple Releases First Foldable iPhone as Screen Cracks Emerge
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