Why Apple’s New iPhone Duo Costs More Than A Base MacBook Air

Apple recently launched its first foldable phone, and the high price is raising eyebrows. At $1,999, the new iPhone Duo carries a price tag that easily beats out a brand-new MacBook Air. Buyers are naturally asking how a phone that fits in a pocket can cost twice as much as a laptop. The answer comes down to new engineering, pricey raw materials,...