Apple's $1,999 folding iPhone: A20 Pro chip with second neural engine drives the price

BenBajarin · x · 2026-09-10

At Apple Park, CNBC's Katie Tarasov reports the new folding iPhone Duo's $1,999 price tag is largely driven by the A20 Pro chip: more memory, a second neural engine, and a new in-house modem that further edges Qualcomm out.

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