Apple’s Foldable iPhone Debuts Under New CEO | Global News

Apple just unveiled its first foldable iPhone, the massive and pricey Duo, priced at $1,999 — a bold move led by newly minted CEO John Ternus, who played a key role in developing the device. With a book-like unfolding design inspired by the iPad, it’s Apple’s attempt to reignite innovation after years of incremental updates. Analysts suspect Ternus’s promotion was strategically timed for this launch, hinting at deeper corporate planning. While the foldable aims to disrupt the market and compete with rivals, skepticism lingers: will consumers embrace the learning curve, or will it become another niche, high-end gadget like the Vision Pro? The foldable market currently accounts for just 2% of smartphone sales, projected to grow only to 4% in a decade — a modest bump for Apple’s cash cow. Compounding the gamble, Apple is also rolling out powerful new AI features that can access messages and emails — all while touting privacy as paramount, with processing happening locally on the device. It’s a high-stakes play to redefine smartphones — and keep your data safe.

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