Some resellers are reportedly asking up to $10,000 for Apple's iPhone Duo after the $1,999 foldable sold out within minutes of preorders, pushing new U.S. deliveries into late January. Key Po
Some resellers are reportedly asking up to $10,000 for Apple's iPhone Duo after the $1,999 foldable sold out within minutes of preorders, pushing new U.S. deliveries into late January.
Key Points:
- iPhone Duo preorders sold out within minutes on Oct. 16, and new U.S. orders now carry a Jan. 25, 2027, ship date.
- Completed eBay sales reached $4,999.99, while some listings were reportedly priced at $10,000.
- Mark Gurman says Apple launched its first foldable before it had enough supply to meet demand.
Apple opened iPhone Duo preorders on Oct. 16, and the Oct. 23 launch-day delivery window vanished within minutes. About half an hour later, every new order on the company's U.S. online store had slipped to a Jan. 25, 2027, ship date, more than three months after the phone goes on sale.
Completed listings on eBayshow a 2TB model selling for $4,999.99, roughly $1,800 above Apple's $3,199 retail price. Several 256GB units, which start at $1,999, went for between $2,699 and $3,800, while a 1TB model priced at $2,599 fetched $4,400. The listings are marked sold, but that does not prove every deal closed.
Some sellers on eBay and X reportedly asked as much as $10,000, five times the phone's starting price.
Also Read:How Apple's iPhone Duo Went From Preorder To Backorder In 30 Minutes
Apple called preorder demand "nothing short of extraordinary" and said it would keep accepting orders online. Critics want more, pressing the company to identify and cancel orders placed by scalpers.
Longtime Apple reporter Mark Gurmanwrote that the company "very clearly launched the iPhone Duo prematurely" just to reach the market sooner. He believes Apple knew it would not have reasonable supply until November at the earliest. The company has not published how many units its stores will get.
In Hong Kong, Simon, head of Trinity Electronic, expects resale profits of at least HK$3,000 per device, with prices holding firm for one to two months. Steve, who owns Happy Telecom, said low display yields could cap the first global batch at roughly 1 million units, and both men see the 256GB and 512GB models drawing the fattest margins.
Gurman has flagged the crunch for weeks. In September, he predicted that people would scalp the device for sale overseas and that shortages could exceed the Mac supply problems tied to the AI boom.
On Oct. 11, he reported that Apple had once feared production constraints could push sales back to later in November.
Read Next:Can USDC Win Over The Developing World? Circle Is About To Find Out
