[Apple Holds First Product Launch Event Under New CEO John Ternus] Benjamin Fanjoy/Getty Images News Apple’s (AAPL [https://seekingalpha.com/symbol/AAPL]) first foldable iPhone has the potential to transform an experimental smartphone category into the industry standard, according to Bloomberg News reporter Mark Gurman. Gurman described the new iPhone Duo as one of Apple’s (AAPL [https://seekingalpha.com/symbol/AAPL]) most consequential products, putting it just below landmark devices such as the iMac, iPod, iPad and Apple Watch. While foldable phones have existed for years, he said Apple’s combination of software, materials and durability gives the Duo a stronger chance of winning mainstream acceptance.
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