Apple's foldable iPhone reportedly named Duo, priced at $2,000

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Apple's first foldable smartphone will reportedly be named the iPhone Duo, not the iPhone Ultra as previously expected, and is set to launch at a retail price of $2,000, according to Bloomberg's Mark Gurman. The price is several hundred dollars lower than analyst predictions, which had recently estimated a launch cost of around $2,300 and an average of $2,550. The name change reflects the device being a new product line rather than a premium iPhone 18 experience. Apple is expected to announce the iPhone Duo alongside the iPhone 18 line at its "Surprise and Shine" event later today, with official details to follow.


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