Apple's $1,999 Bet On Its New Foldable iPhone Duo — What Early Reviewers Want You to Know Before You Buy

Louis Navellier is buying shares of Bloom Energy (BE), Apple (AAPL), and Alphabet (GOOGL). Bloom Energy's addition to the S&P 500 and strong revenue growth expectations are driving its stock. Apple's new iPhone Duo launch led to a slight stock pullback, but Navellier sees a buying opportunity.

Apple will reduce App Store fees to 5% for game developers in the EU starting October 1, 2026, replacing a per-install fee. The change follows a €500M fine from the European Commission and aims to comply with the Digital Markets Act. Epic Games criticized the new fees as 'junk fees' that do not foster competition. The new structure includes four commission tiers based on payment methods.

Apple announced it is producing the Mac mini in the US, starting later in 2026 at its Houston Advanced Manufacturing Center. Separately, Apple committed over $30 billion to Broadcom for US-made custom chips, its largest American Manufacturing Program deal. Both initiatives are part of Apple's $600 billion US investment plan. The Mac mini with the new M6 chip will go on sale September 22, 2026, for $899.

Apple must now allow developers to link out to external payment options, following a Ninth Circuit ruling. The injunction, part of the Epic Games v. Apple case, permits message screens and dynamic links, but the commission rate on linked-out purchases remains undecided. The Supreme Court denied Apple's stay request, and the appeal is ongoing.

Apple raised prices on all iPhone models, with increases ranging from $100 to 41% depending on the model and region. Analysts noted the hikes were smaller than expected, but rising memory costs are pressuring margins. The new iPhone 18 Pro starts at $1,199, and the foldable iPhone Duo at $1,999. Apple aims for 7 million Duo units shipped by year-end, with the device seen as a key demand driver. Investors are watching for signs of sustained demand amid higher prices and limited hardware upgrades.

Apple unveiled the iPhone Duo, its first folding iPhone, featuring a 5.4-inch and 7.6-inch Super Retina XDR displays with a nano-texture finish. The device has a redesigned iOS, a durable hinge, a hidden under-screen camera, and dual batteries. It will start at £1,999, with higher storage options exceeding £3,100. Apple Pencil support is coming later this year.