Apple Foldable iPhone Sells Out as Deliveries Slip to 2027

Apple’s foldable iPhone Duo drew strong early interest in China, where it launched at 15,999 yuan, and in wider preorders that opened on 16 October. Initial allocations sold out quickly, and delivery estimates moved from the 23 October launch date to as late as January 2027 across colors and storage options. Apple called demand “extraordinary” but did not disclose supply figures, so long waits may reflect both strong interest and constrained production rather than confirmed sales. The iPhone Duo starts at $1,999, with the 2TB model priced at $3,199. Bloomberg Intelligence analysts said sales could exceed their 14 million-unit forecast for Apple’s 2027 financial year, while Counterpoint Research estimated about 6 million units this year. The launch may support Apple’s premium product mix, although memory-chip shortages could add costs and supply pressure across the tech sector. Apple shares rose 0.43% to $343.46 on the day, but the article says the stock impact remains uncertain; prediction markets showed limited confidence that Apple would reach $368 during the week of 19 October 2026. Traders will be watching sales data, supply updates and Apple’s next earnings report. The iPhone Duo’s effect on cryptocurrency prices is indirect, with no clear token-specific catalyst.