iPhone Duo resellers ask up to $10K as stores sell out on launch day

The iPhone Duo, Apple's first foldable phone, sold out at stores within hours of its October 23 launch, with resellers listing the device for up to $10,000. Long lines formed before dawn at major locations, including Apple's Fifth Avenue store, which reported being out of stock for walk-ins by 10 a.m. Resale listings on eBay and other platforms emerged quickly, with one seller citing two days of camping outside the store to justify the markup. The device, weighing just over half a pound and folding to 3 inches, saw preorders sell out on October 16, pushing some deliveries to January 2027. Analysts suggest the Duo could bring foldable phones into the mainstream, similar to Apple's past impact on smartwatches and earbuds.