Apple's iPhone Duo Launch Pushes Stock Past Nvidia's Market Value

journaldugeek.com (French) —

Apple's stock briefly surpassed Nvidia's market capitalization on Friday, making Apple the world's most valuable company, following the launch of its first foldable iPhone, the iPhone Duo, on October 23. The iPhone Duo, priced from 2,339 euros, saw extended delivery times on Apple's website after preorders, indicating strong demand. Reports from DigiTimes suggest Apple has increased production plans by 44%, from 9.7 million to 14 million units over 12 months. Analysts predict Apple could ship 5 to 6 million iPhone Duo units in 2026, capturing up to 24.8% of the foldable smartphone market and ranking second behind Samsung. The success may help Apple offset price increases caused by a RAM shortage.


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