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Fox Business

Apple rolls out $1,999 foldable iPhone Duo and new AI features under CEO John Ternus

AI Market Summary
Apple's first major launch under new CEO John Ternus introduced a $1,999 foldable iPhone Duo plus AirPods 5 and Watch Series 12 upgrades, with AI features positioned as a core differentiator across the ecosystem. The event can affect near-term sentiment via perceived product-cycle strength, pricing power, and Apple Intelligence execution, while also shaping expectations for wearables growth and services attach rates.
Impact level
● Medium
Affected assets
NCSKAAPL2USD/USDT+4.55%
AI Insight · NCSKAAPL2USD/USDTAI Insight
● Neutral
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Apple, led by new CEO John Ternus, introduced the foldable iPhone Duo with a $1,999 starting price and a 7.6inch display that the company says is the largest ever on an iPhone and also its thinnest when opened. Apple also announced AirPods 5, Apple Watch Series 12 and a slate of new AI features. The Apple Watch Series 12 adds an updated health sensing system with higherfrequency heart rate and heart rate variability measurements and starts at $399.
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