Morning Business Report: Apple’s foldable iPhone sees strong demand as holiday travel costs surge
Apple's new foldable iPhone Duo is seeing strong demand following its first weekend of preorders, with some customers facing delivery delays extending into January 2027.
(LILAMAX) – Apple’s new foldable iPhone Duo is seeing strong demand following its first weekend of preorders, with some customers facing delivery delays extending into January 2027.
Apple described the early demand as “nothing short of extraordinary.”
Preorders for the iPhone Duo began Friday, and shipping estimates for some U.S. orders have already been pushed back until January, potentially leaving holiday shoppers unable to receive the device before Christmas.
Meanwhile, United Airlines is considering another way to charge passengers for preferred seating.
According to The New York Times, United CEO Scott Kirby floated the possibility of charging passengers more to avoid sitting in a middle seat.
Kirby also predicted that airfares could continue rising.
On Wall Street, the Nasdaq recorded its worst week since June as investors shifted money away from technology and artificial intelligence companies.
Holiday travelers are also facing significantly higher costs this year.
According to travel-booking company Hopper, the average domestic round-trip airfare for Thanksgiving is 31% higher than last year, while Christmas airfare is up 23%.
Travelers Today reports that hotel room rates are averaging 18% more than a year ago, adding to the financial burden for families planning holiday trips.
In workplace news, Sunday is increasingly becoming an unofficial start to the workweek for many Americans.
A report from Owl Labs found that nearly half of surveyed workers regularly work on Sundays.
About 21% said they work all or nearly all of Sunday, while another 24% reported working a few hours.
Microsoft also found that nearly 20% of weekend workers check their email before noon on Saturdays and Sundays.
More than 5% reported checking their inboxes on Sunday nights, highlighting how work responsibilities continue to extend beyond the traditional Monday-through-Friday schedule.
