Apple CEO John Ternus unveiled the iPhone Duo foldable model at the company's product event, featuring an 80% larger unfolded screen than the Pro model and priced at $1,999 for October release. Ternus emphasized Apple's privacy-focused approach to AI through on-device processing, contrasting with competitors like Meta and Google, while highlighting new features across the iPhone ecosystem including improved Siri, Apple Watch health insights, and AirPods translation capabilities.