Apple announced its first foldable iPhone, the iPhone Duo, on September 9, 2026, during its fall event under new CEO John Ternus. The book-style device features a 5.4-inch cover display and a 7.6-inch inner screen, titanium construction, an advanced hinge minimizing creases, A20 Pro chip, and starts at $1,999—positioning it competitively with Samsung’s Galaxy Z Fold 8 and Google’s foldables. Pre-orders begin October 16 with shipping on October 23, following extensive supply-chain preparation and resolution of earlier production concerns. This official confirmation and imminent availability drive strong trader consensus on near-term release markets, though supply constraints and pricing could limit initial volume compared to standard iPhone models.