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● LIVE Updated 1h ago · 15 sources tracked

Apple blames ‘extraordinary’ demand as foldable iPhones sell out

Apple's first foldable smartphone, the iPhone Duo, has sold out of launch-period stock within hours of pre-orders opening. The company attributes the shortage to demand that is "nothing short of extraordinary." Delivery estimates for the $1,999 device have slipped into late January 2027. While official channels are depleted, some units are appearing on eBay for as much as $5,000. Verizon has also launched pre-orders for the device as Apple struggles to meet initial consumer interest.

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  • ✓ The iPhone Duo is priced at $1,999.
  • ✓ Launch-period stock for the iPhone Duo sold out within hours of pre-orders opening.
  • ✓ Delivery estimates for the device have extended into late January 2027.
  • ✓ Apple described the demand for the foldable iPhone as "extraordinary."
🛡️ Source Corroboration: 15 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

Apple officially attributed shipping delays and stock shortages to extraordinary demand.

Live updates

  1. Apple cites "extraordinary" demand as foldable iPhone Duo sells out

    Apple's first foldable smartphone, the iPhone Duo, has sold out of launch-period stock within hours of pre-orders opening. The company attributes the shortage to demand that is "nothing short of extraordinary." Delivery estimates for the $1,999 device have slipped into late January 2027. While official channels are depleted, some units are appearing on eBay for as much as $5,000. Verizon has also launched pre-orders for the device as Apple struggles to meet initial consumer interest.

    Why it matters

    The iPhone Duo represents Apple's entry into the foldable phone market. Its high price point tests the company's ability to maintain status-symbol appeal among premium buyers. This launch follows years of price increases across the iPhone lineup.

    What is confirmed

    • The iPhone Duo is priced at $1,999.
    • Launch-period stock for the iPhone Duo sold out within hours of pre-orders opening.
    • Delivery estimates for the device have extended into late January 2027.
    • Apple described the demand for the foldable iPhone as "extraordinary."

    Still unconfirmed

    • iPhone Duo units are being resold for $5,000 on eBay.
    • Some delivery estimates extend further into 2027 beyond January.

    What to watch next

    • Apple's official response to secondary market price gouging
    • Updated delivery timelines for late 2026 orders
    • Quarterly sales figures for the foldable segment
    Sources used for this update (15)
    1. markets.ft.com — Alibaba Group Holding Limited
    2. Financial Times — Apple blames ‘extraordinary’ demand as foldable iPhones sell out
    3. CNBC — Apple’s $1,999 iPhone Duo puts the company's status-symbol power to the test
    4. Bloomberg.com — Apple iPhone Duo Orders Slip Into 2027 Amid Preorder Frenzy
    5. Yahoo Finance — Apple iPhone Duo preorders sell out, deliveries extend to late January
    6. WCVB — Apple's foldable is almost here. See how iPhone prices have grown through the years
    7. The Verge — All the news about the iPhone Duo
    8. MacRumors — iPhone Duo Resold for $5,000 on eBay After Selling Out
    9. Verizon — Verizon launches iPhone Duo pre-orders | About Verizon
    10. www.afr.com — Apple blames ‘extraordinary’ demand as foldable iPhones sell out
    11. www.analyticsinsight.net — Apple Foldable iPhone Sells Out as Demand Surges
    12. businessupturn.com — Apple blames ‘extraordinary’ demand as iPhone Duo orders push deliveries into January · Business Upturn
    confidence 95%
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