Apple's first foldable phone, iPhone Duo, starts at $2,000

American technology journalist Gurman revealed that Apple (AAPL.US) has finalized the name of its first foldable smartphone as iPhone Duo, with a starting price set at $2,000, stating that this pricing already includes the additional memory cost. The device's maximum storage capacity can reach 2TB, with a corresponding price of around $3,000. The iPhone Duo is expected to be officially released in October, will support Apple Pencil, and will be available in two color options: deep blue and white.