# Apple Stock Rises on iPhone Duo Preorder Surge

> Apple shares climb after iPhone Duo preorders sell out quickly.
- Title: Apple Stock Rises on iPhone Duo Preorder Surge | Shortify
- Summary: Apple shares climb after iPhone Duo preorders sell out quickly. Apple stock rose 0.93% on Friday as iPhone Duo preorders sold out within minutes, boosting…
- Keywords: apple, iphone duo, preorders, stock market, nasdaq, s&p 500, foldable smartphone, finance, money, Stock, Rises, iPhone
- Source: The Motley Fool — https://fool.com/coverage/stock-market-today/2026/10/16/stock-market-today-oct-16-apple-edges-higher-on-iphone-duo-preorder-surge
- Author: Robert Izquierdo
- Published: 2026-10-16T21:29:34+00:00
- Read time: 1 min
- Topics: apple, iphone duo, preorders, stock market, nasdaq, s&p 500, foldable smartphone, finance, money
## Apple Stock Moves
Apple shares rose 0.93% to $347.10 after iPhone Duo preorders sold out quickly.
## iPhone Duo Details
The foldable smartphone features a 5.4-inch front display and a 7.6-inch foldable inner screen.
## Preorder Impact
Strong demand pushed Apple's stock toward its 52-week high of $348.15 and boosted 2027 sales expectations.
## Key takeaway

Apple stock rose 0.93% on Friday as iPhone Duo preorders sold out within minutes, boosting demand for the foldable smartphone.