Apple’s $1,999 foldable iPhone raises one big question: Who is it for?

Apple’s new foldable iPhone launched on Wednesday with impressive features and a premium price tag, starting at $1,999 in the U.S. market. But some observers in the packed room at the launch event in Cupertino, California, were left questioning its appeal beyond wealthy tech enthusiasts.

Apple executives demonstrated the iPhone Duo running a variety of apps including Zoom, Slack and Netflix on an expanded display, as they showcased its ability to be used for work, content creation and entertainment.