$AAPL - APPLE BETS ON FOLDABLE IPHONE TO DRIVE GROWTH Apple is expected to unveil its first foldable iPhone, targeting a mature smartphone…
$AAPL - APPLE BETS ON FOLDABLE IPHONE TO DRIVE GROWTH
Apple is expected to unveil its first foldable iPhone, targeting a mature smartphone market and aging consumers seeking larger screens.
The device could cost more than $2,000, helping boost revenue as iPhone growth faces market saturation.
IDC expects Apple to capture nearly one-third of the foldable market this year and 40% in 2027.
The launch will be CEO John Ternus’ first major product event.