Apple unveils its first folding iPhone

What happened

Summary: Sources report Apple unveiled its first foldable iPhone, called the iPhone Duo, at a launch event, with a $2,770 starting price and a China market reception focused on price.
Key point: BBC Business reported Apple unveiled its first folding iPhone, showing off the first major iPhone design change in almost 20 years.
Key point: ABC News Business reported the first foldable iPhone carries Apple's biggest price tag yet, with the iPhone Duo starting at $2,770.
Key point: CNBC reported the launch came in John Ternus' first event as CEO, alongside the iPhone 18 Pro, and that Chinese netizens focused on the Duo's price.
Qualification: Evidence is limited to headlines and feed snippets; details of the event, pricing and reception are not fully reported.