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● TRACKER Updated 5d ago · 6 sources tracked

CNBC Daily Open: Apple's new iPhone bends. Bond vigilantes, not so much

Apple unveiled the iPhone Duo, its first foldable smartphone, alongside the iPhone 18 Pro and new watch series during a September 9 event. The iPhone Duo carries a price tag of $1,999. This event marked the first product launch under CEO John Ternus, who introduced the most significant shift in iPhone release cadence seen in seven years. The company's expansion into foldable hardware represents the largest change to the iPhone line in its history.

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  • ✓ Apple unveiled the iPhone Duo foldable phone.
  • ✓ The iPhone Duo costs $1,999.
  • ✓ Apple announced the iPhone 18 Pro and new watch series.
  • ✓ John Ternus led the event as CEO.
🛡️ Source Corroboration: 6 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

Apple announced the iPhone Duo foldable phone and the iPhone 18 Pro.

Live updates

  1. Apple launches first foldable iPhone Duo and iPhone 18 Pro

    Apple unveiled the iPhone Duo, its first foldable smartphone, alongside the iPhone 18 Pro and new watch series during a September 9 event. The iPhone Duo carries a price tag of $1,999. This event marked the first product launch under CEO John Ternus, who introduced the most significant shift in iPhone release cadence seen in seven years. The company's expansion into foldable hardware represents the largest change to the iPhone line in its history.

    Why it matters

    The transition to a foldable form factor follows years of industry competition in the foldable market. John Ternus is leading the company through this strategic shift in product design and release timing.

    What is confirmed

    • Apple unveiled the iPhone Duo foldable phone.
    • The iPhone Duo costs $1,999.
    • Apple announced the iPhone 18 Pro and new watch series.
    • John Ternus led the event as CEO.
    • The event took place on September 9.

    Still unconfirmed

    • The new iPhone bends.
    • Apple made the biggest change to its iPhone release cadence in seven years.

    What to watch next

    • Consumer reviews of the iPhone Duo hardware
    • Official release dates and shipping availability
    • Sales data for the $1,999 foldable model
    Sources used for this update (7)
    1. www.cnbc.com — Apple event live updates: First foldable iPhone, new watch series expected as Ternus makes debut
    2. CNBC — CNBC Daily Open: Apple's new iPhone bends. Bond vigilantes, not so much
    3. finance.yahoo.com — Apple event live: iPhone Duo, iPhone 18 Pro & watches announced
    4. Apple — Apple unveils iPhone Duo
    5. The New York Times — Apple Unveils the iPhone Duo, a Foldable Phone That Costs $1,999
    6. CNN — What it’s like to use the iPhone Duo, Apple’s biggest change to the iPhone in its history
    7. www.cnbc.com — Apple makes biggest change to iPhone release cadence in 7 years in Ternus' first showcase as CEO
    confidence 95%
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