Wall Street analysts predict Apple iPhone Duo will be a top seller, despite being heavy and costing up to $3,200
Yahoo Finance ·
Wall Street analysts predict Apple iPhone Duo will be a top seller, despite being heavy and costing up to $3,200 Joseph Zeballos-Roig Thu, September 10, 2026 at 5:30 PM EDT 4 min read AAPL Apple is introducing a new foldable iPhone, the first major redesign of its most popular smartphone in years. Wall Street analysts are expecting consumers to snatch it up in droves. On Wednesday, Apple introduced the foldable iPhone which will be priced starting at $1,999 (reaching up to $3,200 for the 2 TB model with maximum storage). John Ternus, Apple's new CEO, said the new iPhone duo will "redesign the experience of using a new foldable phone." Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes "What was better than I realized was the iPhone Duo," said Gene Munster, managing partner at Deepwater Asset Management, in a video posted on X . "This is the first time in 10 years that Apple has come out with a product that people are excited about… Apple has got its device design mojo back and I think we're gonna see it in the numbers." Other analysts believed Apple would make sizable gains in the nascent market for foldable smartphones. "Apple [is] going to sell all the iPhone Duos they can make," Ben Bajarin, CEO of Creative Strategies, a market research firm, wrote on X . " Will be supply chain limited but in 2026 we think they easily get 20-25% of the foldable market in 2026 and increasing to 35-40% in 2027." Investors appeared to be receiving Apple's new products with optimism. On Thursday afternoon, Apple was trading at roughly $323 per share, up 2.5% from the day before. Apple's foldable iPhone isn't staking out unexplored territory. Other smartphone makers introduced their own versions of foldable phones, starting with Samsung's debut of the Galaxy Fold in 2019. Google and Motorola also jumped in with foldable models of their own. It didn't escape the notice of Apple's competitors that a new player is entering the foldable smartphone market. "Let us know when you're done reheating our leftovers," the US account for Samsung Mobile posted on Wednesday with a winking emoji. Samsung is projected to lead the foldable smartphone market with a 32% market share this year, according to a July analysis from market-research firm Counterpoint Research. Apple will capture a quarter of the market with its foldable iPhone, the analysis note said. The iPhone now accounts for half of Apple's annual revenue at $200 billion. The company will have to sway price-sensitive consumers grappling with inflation into buying the newest product line, only months after hiking the cost of Macbooks and iPads due to the scarcity of memory and storage components. The iPhone Duo will fold like a book and comes in two colors: star white and night sky. NBC News compared its size to that of a pop-tart. It can be preordered starting Oct. 16 and goes on sale a week later on Oct. 23. There will be trade-offs: Observers noted the foldable iPhone is bulkier compared to its sleeker predecessors, so it may not fit as snugly into your pocket particularly when folded. Bendable screens are more fragile and tend to have shorter lifespans as a result. But the battery life is lengthy. Apple claims the iPhone Duo will possess between 31 and 44 hours of battery life depending on the screen that's used. And storage options will range between 256 GB and 2TB. Millionaires under 43 hold only 32% of their wealth in stocks. Here's where their money is actually going A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change Here's the average income of Americans by age in 2026. Are you keeping up or falling behind? A standard savings account pays a measly fraction of 1% — here's how to lock in up to a 6.00% guaranteed rate instead This article originally appeared on Moneywise.com under the title: Wall Street analysts predict Apple iPhone Duo will be a top seller, despite being heavy and costing up to $3,200 This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
DYAX Investor Sentiment
Bullish (Long) 33% · Bearish (Short) 67%
440 participants
Related News
- Forget SMH: The Chip Fund That Charges 0.15% Is Beating It by 22 Points This Year
- D-Wave, Rigetti, and Quantinuum Just Got $300 Million From Washington. Here's What That Changes for Investors.
- Caterpillar Sees Strong 2026 Start as Data Center Power Demand Fuels Expansion
- Jensen Huang explains why Nvidia will grow an astounding 70% next year
- Tesla (TSLA) Falls More Steeply Than Broader Market: What Investors Need to Know
- Nvidia stock edges higher on Microsoft data center expansion report
