Apple foldable iPhone demand surge pushes preorder delivery estimates into January
What happened
Apple's first foldable iPhone, the $1,999 iPhone Duo, built a long preorder backlog within minutes of orders opening on Oct. 16, with delivery estimates slipping into January 2027 ahead of the device's Oct. 23 release. Evercore ISI viewed the roughly 100-day waiting period as a positive sign that demand has started strongly. Bloomberg Intelligence analysts suggested sales could exceed their earlier fiscal 2027 estimate of 14 million units and $28 billion in revenue. Apple stock rose about 2% over the week.
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Start your free 14-day trialWho’s affected
- Apple (AAPL): stronger-than-expected foldable demand supports the fiscal 2027 iPhone revenue outlook and the premium-device mix
- Foldable supply chain / display and hinge suppliers: a backlog stretching to January implies upside to early production volumes
- Meta (META): the parallel Muse Spark-on-Mac Studio cooperation is a small positive for local AI inference on Apple hardware