Press Enter to search · ESC to close

US Stocks

Apple’s First Foldable iPhone Duo Sells Out on Preorder Day

Apple opened preorders for its first foldable phone, the iPhone Duo, at 20:00 on October 16, crashing its website and app as launch-day in-store pickup sold out within minutes and delivery slipped to late January. On Dewu, resale prices topped 20,000 yuan, with the 1TB black model near 29,000 yuan — 7,143 yuan above list — while the 256GB black version rose nearly 40%.

Original source

AI take

A sold-out first foldable and a crashing store say less about folding phones as a category than about Apple's ability to manufacture scarcity around a new form factor — and about how quickly Chinese resale platforms price that scarcity. The Dewu premium on specific colors and storage tiers shows speculative demand concentrating in the configurations perceived as most supply-constrained, not broad-based adoption. Whether delivery windows pull forward and resale premiums compress once volume ramps is the open question; until then, the secondary market is the more honest read on real demand than the preorder queue.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback