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    Home»Trending News»Apple’s foldable iPhone hits stores with US$2,000 price tag and scarce supply
    Trending News

    Apple’s foldable iPhone hits stores with US$2,000 price tag and scarce supply

    Team_Prime US NewsBy Team_Prime US NewsOctober 23, 2026No Comments2 Mins Read
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    At Apple’s Fifth Avenue retailer in New York, advertising and marketing head Greg Joswiak opened the doorways to a crowd of consumers, social media posts confirmed. Some posts mentioned folks had camped outdoors the shop since as early as 4am native time (4pm, Singapore time).

    Mohit Chandel, a 32-year-old San Francisco resident and marketing consultant, had promised his father in Singapore an iPhone Duo for his retirement however forgot to pre-order one.

    So when he noticed a dozen folks lining up outdoors an Apple retailer round 11pm Thursday, he joined them, ordered a bench and pillow from Walgreens and settled in for the night time.

    “He does not know that. All of the pre-orders are gone. He is anticipating a Duo someday within the mail so now I’ve to purchase it,” Chandel mentioned.

    In China, a gentle client market and rising reminiscence prices have led to 6 straight quarters of declining smartphone shipments, though Apple’s market share has rebounded as some consumers commerce as much as premium units.

    Liu Wei, a 26-year-old healthcare skilled, already has a foldable telephone from Xiaomi 1810.HK, however nonetheless queued outdoors a Shanghai retailer from 6 a.m. for Apple’s first foldable.

    “I’ve used Apple merchandise for a few years and I’ve extra belief (within the brand), so I purchased one on launch day to attempt it out,” he mentioned.

    Many queued to choose up pre-orders, whereas others hoped for restricted inventory or to browse show fashions.

    Others had been resellers.

    In Hong Kong, Might, 38, who declined to provide his full identify, purchased a 256GB iPhone Duo, worthd at HK$17,499 (US$2,231.73), in a web based pre-sale and deliberate to resell it for a revenue of round HK$4,000. “A couple of meals’ value of cash,” he joked.

    Paul Francis, 53, was one in all a number of dozen followers who queued in a single day outdoors London’s Regent Road retailer in pouring rain.

    “Some folks assume it was mad. Together with myself,” the charity supervisor mentioned.



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