Apple looking to make 'premium' priced folding iPhones starting next year, analyst says

Group 1 - Apple plans to introduce a folding iPhone starting next year, according to analyst Ming-Chi Kuo [1] - The folding iPhone is expected to feature a display produced by Samsung Display, which aims to manufacture up to 8 million foldable panels for the device in the upcoming year [1] - Other components, including the device's hinge, are still under consideration, and the pricing is anticipated to be premium [1] Group 2 - iPhone sales accounted for over half of Apple's business, generating $201 billion in revenue during fiscal 2024 [2] - Despite strong sales, iPhone revenue peaked in 2022, prompting Apple to seek new ways to attract customers and encourage upgrades to more expensive models [2] - Apple's plans for the foldable iPhone are not finalized and may change [2]