Apple launches foldable iPhone Duo in China at 15,999 yuan

Apple has officially launched its foldable iPhone Duo in China, priced at 15,999 yuan, in its first move into the foldable smartphone segment. Initial preorder allocations sold out quickly, and delivery dates now extend into January 2027.
Strong preorder demand and delayed deliveries
The foldable iPhone Duo, priced at 15,999 yuan, went on sale in China after an official launch. Its first preorder allocations sold out rapidly, which pushed delivery dates into January 2027, according to the report.
The report presents the sell-out as a sign of strong consumer interest, while also pointing to possible supply chain constraints behind the long wait.
Entry into a market led by local brands
The launch marks Apple's entry into the foldable smartphone market, a segment the report describes as competitive and dominated by Chinese manufacturers such as Huawei.
Apple is a consumer electronics and software company based in Cupertino.
Uncertain effect on Apple's stock
Markets have been analysing what the iPhone Duo's launch could mean for Apple's share price. According to the report, current pricing in prediction markets is mixed: some sub-markets indicate a rise in the stock, while others are less confident, and overall the stance is cautious.
The report says it remains unclear how the device will affect sustained sales momentum or Apple's stock performance.
Open questions
- Will supply constraints keep delivery dates into 2027?
- Will strong early demand translate into sustained sales?
- How will the launch affect Apple's stock performance?