APPLE'S $2K GAMBLE: New CEO Ternus Debuts First Foldable iPhone Duo...

Apple's new leadership under CEO John Ternus has introduced the company's first foldable phone, the iPhone Duo, priced at $1,999. The device marks Apple's entry into a market segment Samsung and other manufacturers have been exploring for several years, with foldable phones typically targeting premium buyers willing to pay substantially more than standard flagship devices. Ternus, who replaced Tim Cook in the top role, is signaling a shift toward category expansion as the smartphone market matures and competition intensifies in traditional models.