Carl Pei says the $2,000 iPhone Duo will be a ‘waste of money’

What happened

The iPhone Duo was unveiled last month as Apple’s first foldable phone , coming over six years after the first foldables hit the market from Android OEMs. No tele camera, no Face ID, and a downgraded internal selfie camera, all for $2,000. Apple is a software and consumer electronics company based in Cupertino.

Pei pointed to the lack of a telephoto camera and Face ID, as well as a downgraded internal camera. The phone retails for $2,000, and Nothing’s CEO has now criticized the device and its asking price.