Apple unveils foldable iPhone Duo under new CEO John Ternus
Apple unveiled its first foldable phone, the iPhone Duo, on Wednesday, marking the first major product launch under new CEO John Ternus and a critical test for the company after a decade without a breakout hit. The Duo, priced from $1,999, combines a smartphone's portability with a tablet-sized display, featuring a full external screen, multiple cameras, and a reduced visible crease. Apple also announced the iPhone 18 Pro and Pro Max, priced $100 higher than last year's models. Foldables represent under 2 percent of global shipments, but Apple's entry is expected to capture a third of demand, shifting competitive dynamics against rivals like Huawei and Samsung. The launch comes amid AI-driven component shortages that have raised prices industry-wide.