iPhone Duo already discounted in parts of China amid software and display issues

Apple's first foldable, the iPhone Duo, is now selling below its official price in some Chinese regions, with Pinduoduo's subsidy program cutting 200–300 yuan ($30–45) off. Launch-day resale markups of 1,500–2,000 yuan have already given way to sub-list listings, even as Apple Stores report no walk-in stock and some online orders slip to January. The base 256GB model launched at 15,999 yuan (~$2,400).

• Pinduoduo cut iPhone Duo prices by 200–300 yuan ($30–45) via subsidies
• Launch-day resellers charged 1,500–2,000 yuan above retail
• Base 256GB model launched at 15,999 yuan (~$2,400)
• IDC expects over 10 million iPhone Duo shipments in its first year