Apple unveiled iPhone Duo, its first foldable, at a $1,999 starting price. Shares wiped out a 1% midday loss to trade flat near $316 within the hour.

Apple’s first foldable iPhone could debut tonight as the iPhone Duo, with a reported $2,000 starting price, Apple Pencil support and up to 2TB of storage. | Technology News

Flagship model set to make a splash with a $2,000 starting price, Apple Pencil support and Touch ID as the company prepares to unveil the iPhone Duo on Wednesday