Apple’s official September 9 announcement of the iPhone Duo, its first foldable smartphone, has anchored trader sentiment around near-certain release by late 2026. The book-style device features a 5.4-inch outer display and 7.6-inch inner screen, A20 Pro chip, titanium hinge, and starts at $1,999—matching Samsung and Google pricing—before shipping October 23 after October 16 preorders. New CEO John Ternus highlighted its iPad-like multitasking and crease-resistant display during the event, positioning Apple against years of rival foldables. Limited initial supply and strong retail demo plans underscore production readiness, leaving minimal room for last-minute delays in this high-consensus market.