Apple’s $1,999 iPhone Duo Sells Out in Minutes as Delivery Dates Slip to Jan. 25
Updated
Updated · Yahoo Finance · Oct 16
Apple’s $1,999 iPhone Duo Sells Out in Minutes as Delivery Dates Slip to Jan. 25
3 articles · Updated · Yahoo Finance · Oct 16
Summary
Jan. 25 delivery estimates appeared within hours of Friday’s preorder launch, sending Apple shares up 2% in premarket trading after the first foldable iPhone quickly sold out.
Preorders opened at 8 a.m. ET on Oct. 16, with shipping windows first slipping into November before stretching to late January, signaling launch-day demand outpacing available supply.
Apple has not disclosed how many units were offered in the initial window, leaving investors unable to tell how much of the sellout reflects deep demand versus tight launch inventory.
The iPhone Duo is Apple’s first entry into foldables, a category where Samsung built an early lead, and its early reception will be watched for signs of a broader iPhone upgrade cycle.