iPhone Duo Preorders, AAPL Crosses $5 Trillion and More: This Week in Appleverse

Apple Inc. (NASDAQ: AAPL) saw its shares rise over 2% in premarket trading after the iPhone Duo sold out within minutes of preorders opening, with delivery estimates pushed to mid-November. The company also crossed a $5 trillion market cap for the first time, while planning to launch Apple Intelligence in China in December, although certain AI features will be excluded. Additionally, Apple is offering trade-ins and payment plans to mitigate the iPhone Duo's starting price of $1,999.