Six Years Late, Apple's Foldable iPhone Could Still Flip Everything

Group 1 - Apple's entry into the foldable smartphone market is anticipated to generate $65 billion in revenue and high-single-digit EPS gains by 2029, despite launching in 2026, six years after Samsung's first foldable phone [1][2] - Currently, foldable smartphones represent approximately 1.5% of global smartphone sales, but Apple's introduction could significantly change market dynamics, especially with its premium pricing strategy [2][5] - Samsung currently holds a 56% market share in the foldable segment, but Apple's loyal customer base and successful history with late market entries could challenge this dominance [3][4] Group 2 - JPMorgan forecasts Apple will sell between 10 to 15 million foldable iPhones in 2027, increasing to 45 million units by 2029, with a significant portion of early adopters potentially being Android switchers [4][5] - The presence of Apple in the foldable market could lead to mainstream adoption, driving down price premiums as volume increases, which may benefit companies like Amphenol Corp and Corning Inc through increased hardware content [5]