Apple is reportedly making a bold move into the foldable smartphone market with its first foldable iPhone, the iPhone Duo, introducing a new design that combines the features of a smartphone and tablet.

The device is expected to attract attention with its foldable display, premium design and advanced technology. However, its price could make it a luxury purchase for many smartphone users.

With an estimated starting price of $1,999, the 256GB model translates to approximately ₦2.69 million at an exchange rate of ₦1,345.22 to the dollar. Higher storage versions could cost as much as $3,199, or approximately ₦4.3 million.

The actual Nigerian retail price may be considerably higher due to import duties, exchange-rate fluctuations and retailers’ charges.

The iPhone Duo represents a significant step in Apple’s smartphone ambitions, although its success will likely depend on its performance, durability and whether consumers consider its premium price worthwhile.

Editorial note: The iPhone Duo’s launch details and prices should be independently verified before publication, as the figures above are estimates rather than confirmed Nigerian retail prices.