Apple bets on iPhone Duo with order boost as sales commence

Supply-chain reports said Apple directed Foxconn, its assembly partner, and parts suppliers to raise the iPhone Duo’s first-year output goal to 14 million units from 9.7 million, a 44% increase, ahead of the $1,999 foldable’s October 23 store launch. Apple did not confirm the figures, which DigiTimes attributed to supply-chain sources. Preorders opened on October 16 and sold out quickly, with delivery estimates slipping past the launch date to late January; Apple limited orders to two per customer. eBay listings for the device, including unfulfilled preorders, exceeded $4,000, roughly twice the starting price.