TREE NEWS reports: Apple shares rose more than 2% in premarket trading and were set to open at a record high.COM data. The move followed the on-sale debut of the iPhone Duo, Apple’s first foldable phone, which sold out across all models within one minute of launch.
Apple Shares Rise Over 2% Premarket as First Foldable iPhone Sells Out
The sell-out is a demand signal rather than a revenue figure, and the premarket move suggests the market is treating Apple's first foldable as a genuine product-cycle catalyst, not a niche experiment. That matters for the wider foldable supply chain, where component makers have waited for a mainstream player to validate volumes. Whether the sell-out reflects constrained launch supply or durable demand is the open question, and it will only be answered once availability and repeat purchasing become visible.
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