Apple Launches $1,999 iPhone Duo Foldable; Shares Rise
Apple unveiled its $1,999 iPhone Duo foldable, prompting a quick promotional response from Samsung. Apple shares rose about 1.3% to $319.28 Thursday morning. The valuation snapshot shows Apple’s market price about 12.02% above its $285.03 GF Value estimate, while Counterpoint projects Apple could take roughly 25% of the foldable market versus Samsung’s 38%.