Apple’s Foldable iPhone Bet | Raleigh News

Apple’s rumored foldable iPhone could be its next big move in a shrinking smartphone market, targeting high-end buyers with a premium device priced over $2,500. Despite global phone sales expected to drop 16% by 2026, foldables are projected to surge—with Apple potentially selling 17 million units by 2027 and raking in $45 billion. As component costs soar and supply chains strain, this launch marks CEO John Ternus’s first major product gamble: fewer devices, higher prices, and capturing the most valuable customers. If successful, it could reignite Apple’s growth engine—even as the industry slows.

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