New Delhi, Oct. 14 -- Nothing CEO Carl Pei has criticized Apple's first foldable smartphone, the iPhone Duo, calling it "a waste of money" at its $1,999 price tag and hardware compromises. In a recent video posted to Instagram, Pei pointed out the lack of a dedicated telephoto camera and some advanced photo features as two major disadvantages. Nothing CEO Carl Pei has criticised Apple's first foldable smartphone, the iPhone Duo, calling it a "waste of money" because of its $1,999 price tag and missing features.

The iPhone Duo was showcased at Apple's recent launch event and has received a largely positive initial response. However, Pei doesn't think the foldable has enough functionality to warrant its high cost. He says his criticism is ...