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The Economic Times

Apple iPhone Duo sells out in India within an hour, new orders now showing January deliveries

AI Market Summary
Apple's first foldable iPhone sold out in India within an hour and in the US within 15 minutes, with new orders slipping to January 2027. Despite a ~Rs 3 lakh starting price, strong early demand signals pricing power and a successful premium-tier expansion, supporting Apple's revenue outlook. Supply constraints and undisclosed unit volumes temper the read-through; broader market impact remains limited to Apple-specific sentiment.
Impact level
● Medium
Affected assets
NCSKAAPL2USD/USDT+0.29%
AI Insight · NCSKAAPL2USD/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Apples first foldable iPhone has seen a strong early response in India, with pre-orders selling out within an hour and estimated delivery dates for new orders moving to January 2027. Priced at Rs 2,99,900, the iPhone Duo has also witnessed a surge in demand in the US, where initial stock reportedly sold out in 15 minutes. Heres a look at its pricing, specifications and what the early response suggests about demand for Apples most expensive iPhone yet.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
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