Foldable iPhone Catalyst, Valuation & Demand Validation

The iPhone Duo launched October 23 with limited walk-in stock; Japan temporarily required reservations. Apple reportedly sent stores and authorized providers inspection and replacement guidance for displays said to be cracking, but no confirmed failure rate, cause, or broader customer impact is known. Gurman’s reported initial stock split and Munster’s 20-million-unit forecast do not establish sustained demand.