Apple's foldable iPhone Duo costs 10% more in Canada than in the U.S

Apple's new foldable iPhone Duo costs nearly 10 percent more in Canada than in the U.S., with Canadian prices starting at $2,999 compared to $2,760 equivalent for the U.S. base price of $1,999. Experts say the price gap is not due to tariffs, as the phones are built in China and Canada's retaliatory tariffs on U.S. goods don't apply. Instead, economists suggest Apple is leveraging Canadian consumers' lower price sensitivity for premium products, a common practice of price discrimination in smaller markets. The global microchip shortage, driven by AI demand and data centre expansion, is also raising smartphone manufacturing costs overall. Pre-orders begin Oct. 17, with availability on Oct. 23, following CEO John Ternus's first major product unveiling.