Apple’s new foldable phone is $1,999

Apple has finally entered the foldable smartphone market with the iPhone Duo, setting a new price record at $1,999, making it the most expensive iPhone yet. The device was unveiled during the "Sunrise and Shine" launch event, and it will hit the shelves on October 23. This move signals Apple's commitment to pushing the boundaries of smartphone technology, but the high price tag could limit its accessibility for many consumers. The iPhone Duo represents a significant step for the company and could reshape consumer expectations for premium devices.