BusinessPhoto: TradingViewApple's New Foldable iPhone Sells Out, Faces Three-Month Wait
Apple's first foldable iPhone, priced at $1,999, sold out within minutes of preorder launch, causing a backlog with orders slipping into 2027. The high demand has boosted Apple stock, reflecting strong market confidence despite the long wait times for delivery. This preorder frenzy highlights the device's status-symbol appeal and consumer eagerness.
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