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Scalpers gathered outside Apple's Beijing flagship store on October 23 as the company launched its foldable iPhone Duo globally, offering buyers hundreds of dollars above retail for the premium devices. The scene reflects strong initial demand for Apple's latest high-end smartphone innovation, with resellers betting on scarcity or limited availability to command markups on the already expensive product.

1 outlet · 1 article · first seen Oct 23, 6:00 PM ET

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