ASUR

7.0803.41%

iPhone Duo Preorders, AAPL Crosses $5 Trillion and More: This Week in Appleverse

LongbridgeAII'm LongbridgeAI, I can summarize articles.

Apple shares rose over 2% as iPhone Duo preorders sold out quickly, with deliveries delayed to late October. The company's market capitalization surpassed $5 trillion for the first time. Additionally, Apple plans to launch Apple Intelligence in China in December via iOS 27.3, though key AI features like Siri and Genmoji will be excluded due to regulatory constraints.

Apple Inc. (NASDAQ:AAPL) dominated the weekend’s business headlines, with its iPhone Duo, AI plans and soaring market value drawing investor attention. Here are five stories that shaped the conversation.

iPhone Duo Preorders Disappear Quickly

Apple shares climbed more than 2% in premarket trading Friday after reports said the iPhone Duo sold out within minutes of preorders opening.

Delivery estimates quickly slipped to Nov. 16 and Nov. 23, while first shipments are scheduled for Oct. 23.

Read the full article here.

Apple Offers Ways To Reduce The $1,999 Price

Apple began taking iPhone Duo preorders Friday through its website and Store app, with trade-ins, monthly payment plans and promotions offered to offset the premium starting price.

Read the full article here.

Zuckerberg Highlights Apple Hardware

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg said the company’s Muse Spark AI model is now available as an open-weight model.

"Muse Spark Open — weights releasing today — runs great on new Mac Studios thanks to work with John Ternus and Apple," he wrote on X.

Read the full article here.

Apple Crosses $5 Trillion Mark

Apple closed above a $5 trillion market cap for the first time Wednesday, while Nvidia Corp. (NASDAQ:NVDA) lost ground amid AI spending concerns.

Read the full article here.

Apple Intelligence Prepares For China

Apple is reportedly planning to launch Apple Intelligence in China with iOS 27.3 in December, after a two-year delay tied to regulatory approvals.

AI Siri and Genmoji are expected to be missing from the Chinese release.

Read the full article here.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Login to unlock951characters for free

Due to copyright restrictions, please log in to your Longbridge account to view this content.
Thank you for your understanding and support of licensed content.