Apple unveils foldable iPhone with dual screens, challenging rivals

invezz.com (Italian)

Apple unveiled its first foldable iPhone on Wednesday, entering the foldable device market with a passport-sized design featuring both internal and external screens, directly challenging existing competitors. CEO John Ternus said the device eliminates the awkward "two phones attached together" feel of rival foldables, using a proprietary hinge and custom flexible glass. The phone starts at $1,999, with pre-orders opening October 16. Apple's stock fell 1.5% following the announcement, as investors had predicted a "sell on the news" event. Long-term analyst targets remain optimistic, with price projections up to $400.


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