Apple Inc. opened pre-orders for its first foldable smartphone, the iPhone Duo, on Friday.
Shipping estimates for the $1,999 device slipped into early 2027 within minutes of the launch. Delivery dates for all configurations now extend to late January.
Evercore ISI analysts reported that demand is tracking solidly out of the gate. Extended lead times may reflect high consumer interest or constrained supply for the new form factor. Bloomberg Intelligence analysts suggested sales could surpass their initial estimates.
Apple shares gained over 2% during the week. The stock capped its best week since the product's September launch event.