Redington shares climbed 3% as the launch of Apple's new foldable iPhone, the iPhone Duo, approaches on October 23, 2026. The phone's pre-order began on October 16 in more than 70 countries, including India, where it will be available starting Friday. Investors are closely watching Redington due to its role in distributing Apple products.
- The iPhone Duo features a 7.6-inch main display and a 5.4-inch outer display.
- It is powered by Apple's A20 Pro chip and includes advanced thermal management.
- Available storage options range from 256GB to 2TB, with prices starting at ₹2,99,900.
- Apple has set a purchase limit of two units per customer through official channels.
- Redington recently partnered with OPSWAT to expand cybersecurity solutions in several regions.
- Redington’s stock has risen 33% year-to-date despite recent declines.
What are the key features of the iPhone Duo?
The iPhone Duo is Apple's first foldable iPhone, revealed at their September 2026 keynote event. It has a 7.6-inch foldable main display, the largest ever on an iPhone, and a 5.4-inch outer display for use when folded. The device is powered by the new A20 Pro chip, which enhances performance and efficiency. It also includes a custom vapor chamber for thermal management and a dual-battery system to support its foldable design.
When and where can customers buy the iPhone Duo?
Pre-orders for the iPhone Duo started on October 16, 2026, in over 70 countries including India. The phone will be available for purchase starting October 23, 2026. Customers can buy it from apple.com/in, selected partner stores, and all Apple Store locations across India. Apple has implemented a purchase limit of two units per customer to manage demand.
What are the pricing and storage options for the iPhone Duo?
The iPhone Duo comes in two colors: star white and night sky. It is available in four storage capacities: 256GB, 512GB, 1TB, and 2TB. The starting price for the 256GB model is ₹2,99,900. Prices increase with higher storage options.
How has Redington’s stock performed recently?
Redington's stock gained 0.87% to trade at ₹364.70 as of midday on October 22, 2026. Despite a 7% decline in the past week and an 11% drop over the last month, the stock has risen 33% year-to-date. The stock reached a 52-week high of ₹419.50 on September 23, 2026, and a low of ₹191.31 on April 2, 2026. Redington's market capitalization stood at ₹28,573.86 crore on October 22.
What recent partnerships has Redington announced?
On October 1, 2026, Redington announced a distribution partnership with OPSWAT, a global leader in critical infrastructure protection cybersecurity solutions. This partnership covers regions including the Gulf Cooperation Council (GCC), Levant, Türkiye, Africa, and the Commonwealth of Independent States (CIS). Redington will provide sales, technical support, warehousing, logistics, and financing capabilities to expand access to cybersecurity solutions across government, defense, banking, telecom, energy, utilities, and other regulated sectors.
