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via finance.yahoo.comBusiness & Companies

Apple seeks more iPhone Duo supplies amid strong demand for foldable

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com-- Apple has asked its suppliers to increase production and orders for the iPhone Duo amid strong demand for the company's first foldable phone, Taiwan's Economic Daily reported on Monday. Still guessing which stocks will beat the market? Our AI portfolio updates…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishStronger-than-expected demand for Apple's first foldable can support sales expectations and the supply chain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01According to the Economic Daily, Apple asked suppliers to increase production and orders.
  2. 02The model sold out almost immediately after going on sale Friday.
  3. 03A second wave of shipments is expected to begin on January 22.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Apple Inc.AAPLStock347.73 USDMarket closedtoday -0.14%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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