Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Costing up to Dh13,600, will iPhone Duo flourish or fail in UAE market?

The UAE has long displayed an affinity for the latest cutting-edge technology but the success of products such as Apple's iPhone Duo is not guaranteed. Orders for Apple's first foldable phone will begin on October 16, starting at Dh8,499 ($2,300) for the base model and potentially costing as much as Dh13,600 for a model with more storage. Those prices are at the higher end of smartphone costs in…

Costing up to Dh13,600, will iPhone Duo flourish or fail in UAE market?

The UAE has a penchant for the latest cutting-edge technology, but the success of Apple's foldable iPhone Duo remains uncertain. Priced between Dh8,499 ($2,300) and Dh13,600 ($3,700), the device will launch on October 16. Technology analyst Mohsin Khan expects the phone to do well in the UAE, given the strong demand for premium technology and the high adoption rate of new devices.

He notes that the pricing is less than analysts anticipated and that the phone feels premium and refined. Counterpoint analyst Liz Lee also praises the pricing, stating it's a bold move by Apple, even if it means less margin. Apple fan Jimmy Grewal, who owns the largest collection of rare Apple products in the Middle East, plans to buy an iPhone Duo, comparing it to Apple's PowerBook Duo line from the 1990s that he fondly remembers.

Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at thenationalnews.com →

More in Finance & Markets

Notable ETF Inflow Detected - JPST

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JPMorgan Ultra-Short Income ETF (Symbol: JPST) where we have detected…

USFR, SHAG: Big ETF Inflows

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the WisdomTree Floating Rate Treasury Fund, which added 10,330,000…

More from Thursday 10 September →