Apple’s First Foldable iPhone Duo Sells Out in Minutes, Pushing Delivery Dates to Late January

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Apple's ($AAPL) first book-style foldable smartphone, the $1,999 iPhone Duo, sold out within minutes of opening preorders on October 16, pushing estimated shipping dates from October 23 back to late January.
Wall Street analysts responded positively to the early demand metrics: Yorkville Ives analyst Dan Ives projected up to 25 million units sold in 2027, while Morgan Stanley estimates the device could contribute nearly $14 billion in sales during the December quarter alone.