Apple’s ~$2,000 foldable iPhone Duo sold out within hours of Friday’s preorder launch, with online deliveries pushed to late January. Apple shares closed up about 0.4% while the Nasdaq dropped about 2.1%.

But Apple hasn’t disclosed launch inventory — so is this blockbuster demand or a tightly constrained launch? The October 23 in-store release is the next real test. We break down what investors should watch.

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