Apple's iPhone Duo preorders push delivery dates into December
iPhone Duo shipping estimates slipped into December and later within minutes of preorders opening, per Bloomberg. Apple shares edged higher on Friday.
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what happened
Apple (AAPL) shares edged higher on Friday after Bloomberg reported that delivery estimates for the company's first foldable smartphone, the iPhone Duo, moved into December and later within minutes of preorders opening. The device costs $1,999 and goes on sale October 23.
Preorders opened at 8 a.m. ET through Apple's online store and app. According to the report, delays applied to every color and storage option. AppleInsider said estimates first moved to November 16, then to November 23. Apple has not disclosed launch volumes, and Counterpoint Research expects about six million units to sell this year.
UBS, meanwhile, flagged softer demand for the premium iPhone 18 Pro models and kept a Neutral rating with a $296 target price.
why it matters
Long waits point to strong demand, but constrained supply means investors will watch how quickly Apple can ramp production. UBS's signals of weaker demand for standard Pro models suggest the foldable's success may not offset pressure on the rest of the lineup.
market impact
Apple: limited supply and softer Pro demand signals weigh on expectations for company revenue.
tags
instruments
sources
- AAPL Stock Gains As Strong Demand Reportedly Pushes iPhone Duo Delivery To December — stocktwits.com, 16 October 2026 at 14:04 UTC
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