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The Economic Times
The Economic Times
Debaroti Adhikary

Apple Event 2026 impact: Redington shares jump 5% after Apple unveils first-ever foldable iPhone

Apple Redington Samsung IDC Debaroti Adhikary Dipanjan Chatterjee India SEBI

Shares of Redington jumped more than 5% on Thursday after Apple unveiled its first-ever foldable iPhone, with analysts expecting the new launch to make a mark in a category dominated by Samsung’s Galaxy Z Fold and Huawei’s foldable lineup.

Apple on Wednesday introduced its first foldable iPhone, named iPhone Duo. It features a book-style folding design, combining a conventional cover display with a larger screen that opens up to provide a tablet-like viewing experience.

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