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Duo Will Make Up 10% of All iPhone Sales, Munster Says
Source: Bloomberg
Analyst InsightsProduct LaunchesTechnology & InnovationCompany Fundamentals
Deepwater Asset Management's Gene Munster forecasts that Apple's anticipated foldable iPhone Duo could eventually account for 10% of total iPhone sales. He argues that the device's premium pricing will not materially deter customer demand, implying a favorable mix and potential upside for Apple's handset revenue.
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