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First look: Following years of fervent speculation, Apple finally unveiled its first folding phone, the iPhone Duo, at its 'Surprise and Shine' event in Cupertino, California. The company is betting big on its first foldable, with new CEO John Ternus calling it "the most transformational change to iPhone since the original."

The iPhone Duo arrives with two "Super Retina XDR" ProMotion displays, including a large 7.6-inch folding panel on the inside and a smaller 5.4-inch screen on the outside. Both are protected by Ceramic Shield 2 and offer 3000 nits of peak outdoor brightness. They will both support the updated USB-C Apple Pencil with a future software update.

On the hardware side, the Duo is powered by the A20 Pro SoC, which comprises a 6-core CPU, a 7-core GPU, and a dual 16-core Neural Engine. Apple claims that compared to the A19 Pro, the new CPU and GPU are up to 20% and 40% faster, respectively, while being more power efficient. The Neural Engine reportedly offers 2x the compute power as the A19 Pro to run on-device AI models.