CFRA Research expects Apple to sell essentially every foldable iPhone Duo it can produce, with the device potentially accounting for 5 to 8 percent of iPhone units and more than 10 percent of iPhone revenue. The iPhone 18 Pro hit store shelves on Friday, a full month before the foldable iPhone Duo's release in late October. CFRA senior vice president and equity analyst Angelo Zino said the firm initially forecast the Duo at about 4 to 5 percent of iPhone volume, but now sees potential for that figure to be higher, closer to 5 to 8 percent of units, with pricing pushing its revenue contribution north of 10 percent. Zino said the key question is how supply constrained the device will be, and called early indications for the Pro devices a pretty solid start to the iPhone 18 cycle. He added that the cycle could have longer legs because Apple is pushing out its base devices into the March quarter, helping sustain momentum into the March and June quarters, while China demand for foldables remains a variable to watch.
Apple Inc.CFRA expects Apple to sell essentially every foldable iPhone Duo it can produce, with the device seen at 5-8% of units and over 10% of iPhone revenue.
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