Apple's first foldable iPhone, the iPhone Duo, sold out within minutes of its preorder launch on October 16, 2026, with delivery delays extending to early 2027. The device features advanced components like a 7.6-inch inner display, a titanium hinge, and the A20 Pro chip, but production faces challenges with a low assembly yield of just over 60%, mainly due to complex hinge manufacturing. Analysts estimate shipments between 6 to 10 million units in 2026, giving Apple a significant share of the foldable market. Historical parallels with the original iPhone launch show some suppliers, like Skyworks Solutions, experienced huge stock gains, but no current supplier stocks have surged yet, and Apple itself remains a strong performer in the market.
Apple shares trade at USD 341.58, down 0.55% as of Oct 19, 2026 23:02 WIB on Pluang. Skyworks Solutions, a key Apple supplier, is up 0.77% at USD 80.31. Apple’s market cap stands at $5.01 trillion, showing strong investor interest despite the foldable iPhone’s production challenges.
JPMorgan reaffirmed its Overweight rating on Apple with a $360 price target, highlighting strong early demand for the new foldable iPhone Duo and stable delivery timelines in key markets. Despite some concerns about weaker iPhone launches in China fr...
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Recent market trends show investors moving away from AI and growth stocks, especially semiconductors like NVDA and AVGO, toward value and defensive sectors such as consumer staples. Despite a broad decline in major tech stocks, Apple has remained res...
Nvidia and Apple each contributed $25 million to support the construction of a new White House ballroom named after Donald Trump, with funds routed through the Trust for the National Mall. This move highlights both companies' efforts to maintain favo...
Apple's stock surged nearly 12 times over the past decade, turning $10,000 into about $127,753. However, due to its massive $5 trillion market cap, future growth is expected to slow. Models project a $10,000 investment today could grow to around $16,...
