What happened?
Apple's first foldable phone, the iPhone Duo, went up for pre-order today. According to 9to5Mac, estimated delivery dates started slipping to next year just minutes after pre-orders opened.
Demand outpaced supply
The rapid extension of delivery times indicates that the first batch of stock sold out quickly. Demand for Apple's first foldable iPhone appears to have exceeded expectations.
What it means
For those who pre-ordered, delivery now points to months away. This raises the question of whether Apple can ramp up production capacity. The company has not yet issued an additional statement on the matter.
