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The global foldable smartphone segment has its most anticipated new entrant, and the price on that entry is now set.
Apple (AAPL) has launched the iPhone Duo starting at $1,999, a level that has analysts questioning whether the device's appeal will extend meaningfully beyond wealthy early adopters.
Counterpoint Research projects Apple will sell nearly 6 million iPhone Duo units by year-end, a figure the firm estimates would represent roughly 25% of the global foldable market.
Two factors anchor that projection: pent-up demand for an Apple foldable and the company's brand strength.
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