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Apple unveils its first folding iPhone

Apple unveils its first folding iPhone

Also reported by CBS News

Summary

Apple has announced its first folding iPhone called the Duo, which starts at $2,000 and can cost up to $3,200 for larger storage. The phone opens like a book, looking like a small iPad when unfolded and a wider iPhone when closed, with new folding technology designed to feel smooth and natural.

Key Facts

  • The new iPhone Duo starts at $2,000 and can reach $3,200 for the highest storage model.
  • It has a book-style folding design, inspired by the iPad.
  • The phone aims to offer a better folding experience than existing foldable phones, which feel like two devices stuck together.
  • John Ternus, Apple’s new CEO, was heavily involved in creating the foldable iPhone before becoming chief executive.
  • The foldable phone market currently makes up about 2% of all smartphone sales and may grow to 4% in the next 10 years.
  • Analysts say the Duo may become a luxury item without creating big sales growth or could become as popular as the Apple Watch.
  • The iPhone remains Apple’s best-selling product, making up over half of its sales annually.
  • Apple aims to add new innovation with the foldable iPhone after years without major new features.
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