**The iPhone Duo costs $1,999. AAPLx starts at $1**

On September 9, Apple unveiled its first foldable smartphone, the iPhone Duo. Citi analysts called it Apple's biggest new device category since the Apple Watch and AirPods.

 **How the market reacted.** In the three weeks since the announcement, AAPL has gained about 5% and is trading around $330, not far from its all-time high. According to Bank of America, the stock has risen in the two months following a new iPhone launch 17 times since the original iPhone.

 **The next test.** The iPhone Duo goes on sale October 23, and that's when real demand will become clear.

 **How to invest in Apple without a brokerage account.** In Walt, you can buy AAPLx, a tokenized stock. The token tracks Apple's share price, and you can trade it 24/7 from $1. When Apple pays dividends, AAPLx holders receive additional tokens proportionally to their holdings.

iPhone Duo pre-orders open October 16. **AAPLx is available in Walt now ****

_Investments in crypto are _[risky](https://wallet.tg/crypto_wallet_risk_warning_en)_. This communication is not intended for persons in the United Kingdom. _[Tokenized stocks and ETFs](https://wallet.tg/xstocks-terms)_ do not provide shareholder rights and may not be available in certain regions._

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