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Apple Pushes iPhone Into Ultra-Premium Foldable Tech Market

Apple Pushes iPhone Into Ultra-Premium Foldable Tech Market
From smartphone to luxury tech: Why Apple may be pushing the iPhone further upmarket · livemint.com

Apple showed mostly its most expensive phones at its September 9 event.

These included two Pro models and a new foldable phone called the iPhone Duo.

The regular iPhone 18 was not shown and is expected later in 2027.

The Duo costs much more than ordinary smartphones, starting at $1,999 in the United States.

Apple is placing the Duo above its Pro phones as an ultra-premium product.

The company hopes a foldable screen will give people a new reason to upgrade.

This matters because many people now keep their phones longer.

Apple is also offering leasing so customers can pay for expensive phones over time.

Key facts

Event
Apple’s “Surprise and Shine” event took place on September 9.
Foldable phone
The iPhone Duo has a 7.6-inch continuous display, an aerospace titanium frame and Touch ID in the power button.
United States starting price
The iPhone Duo starts at $1,999 and reaches $3,199 at its highest storage capacity.
India starting price
The iPhone Duo starts at ₹2,99,900 and reaches ₹4,49,900 at its highest storage capacity.
Premium models
The iPhone 18 Pro starts at $1,199, while the iPhone 18 Pro Max starts at $1,299.
Delayed models
The iPhone 18, iPhone 18e and iPhone Air 2 are expected in spring 2027.
Payment option
Apple introduced leasing through its upgrade programme.

Quotes

Francisco Jeronimo

IDC analyst commenting on the iPhone Duo’s role for Apple

“a value engine”
livemint.com

Sources

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