Apple’s foldable iPhone Duo will reportedly start at $2,000

Just hours before Apple's first iPhone launch event since John Ternus took over as CEO, tech circles are buzzing with new details. Bloomberg reporter Mark Gurman has revealed the name of the company's long-rumored folding phone.

According to the latest late-night report, the upcoming folding device will be called the iPhone Duo. Furthermore, the base model is slated to carry a starting price tag of $2,000.

This luxury price point reflects the high manufacturing costs associated with foldable screen technology and positions the device firmly at the ultra-premium end of the market, intensifying competition in the foldable sector.

For tech enthusiasts and global markets alike, this pricing strategy highlights Apple's approach to introducing entirely new form factors. While such high-end devices target specific segments, they often dictate the future direction of mobile technology.

As Apple enters a new era under John Ternus, the iPhone Duo stands out as a potentially historic release. It marks a significant evolution in Apple's hardware lineup as they venture into the foldable device market.