Apple Faces Supply Shortage After $2,000 Foldable iPhone Duo Sells Out

Apple has acknowledged a significant supply constraint for its recently launched foldable iPhone Duo, confirming that the initial stock has completely sold out. The technology giant stated it is currently unable to provide a timeline for when more units of the $2,000 (approximately £1,600) device will become available to consumers.

The rapid depletion of inventory suggests a robust demand for Apple’s inaugural foldable smartphone, a product line that marks a new direction for the company in the competitive premium mobile market. The device’s high price point did not deter early adopters, underscoring consumer interest in novel form factors and advanced technology.

This supply issue could impact Apple’s immediate market penetration in the foldable sector, a segment where competitors have been active for some time. The company has not elaborated on the reasons behind the limited initial production run or the challenges in ramping up subsequent manufacturing to meet sustained demand.