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Apple unveiled its first-ever foldable smartphone, the iPhone Duo, featuring a passport-shaped design and a 7.6-inch display when unfolded, marking the company's entry into the foldable phone market. The launch represents the company's first major design overhaul in nearly two decades. The device carries a starting price of around $2,000, making it one of Apple's most expensive phones to date. The launch is also seen as an early test for Apple's new chief executive, who is taking a significant gamble on the high-priced foldable as the company's next major growth bet.