Apple Stock News

Peter Thiel said Apple hasn't innovated since the iPhone. Thiel said Tim Cook hasn't taken the company in new directions.

Apple's first foldable iPhone is drawing praise for its sleek engineering and nearly invisible screen crease, but a handful of social media posts show cracked devices on day one.

Apple's foldable iPhone Duo was launched globally on Friday. Outside the Beijing flagship Apple store in Sanlitun, scalpers were offering to buy a Duo for hundreds of dollars more on the spot.

Apple's foldable iPhone goes on sale ahead of an expected touchscreen MacBook launch and fiscal fourth-quarter earnings.

Apple wanted a great launch of an innovative product to usher in its new chief executive. But the iPhone Duo, and the supply chain making it, weren't quite ready.

Apple stock surged to an all-time high on Friday after the consumer electronics giant launched its foldable iPhone Duo smartphone in stores.

Apple's first folding iPhone, the iPhone Duo, went on sale in stores on Friday, with fans and consumers queueing to get their hands on the new device from Singapore and Shanghai to London and ​Berlin.

For nearly two decades Apple has made only small changes to the iPhone, its money machine. That changes ​on Friday when Apple starts selling its first folding phone, iPhone Duo, betting that the device can do for the small ‌foldables market what the iPhone did for smartphones.