Apple(US:AAPL) 3 6 Ke·2025-12-18 02:23Core Viewpoint - Apple plans to significantly expand its iPhone product line over the next two years, introducing at least seven new models by fall 2027, including its first foldable iPhone and a 20th-anniversary edition [1][4]. Product Line Expansion - The core new product is the foldable iPhone, expected to launch in fall 2026, featuring a width greater than its height when opened, resembling a small iPad [1]. - Following the foldable iPhone, Apple will release a 20th-anniversary edition in fall 2027, featuring a curved glass design and a true edge-to-edge display [1][9]. - Apple is also set to release the iPhone 18 Pro series in fall 2026, which will incorporate under-display Face ID technology and new camera features [6]. Market Strategy - The expansion of the iPhone lineup is part of Apple's strategy to rejuvenate its most important business segment, which has seen stagnant growth due to extended consumer upgrade cycles [1][7]. - Apple aims to cover a broader range of consumer budgets by introducing innovative products like the foldable iPhone and more affordable models [7]. Manufacturing and Development - The foldable iPhone is being developed with complex multi-layer display materials, and production is currently facing a high defect rate, which is considered normal at this stage [4][5]. - Apple plans to manufacture the iPhone 18 in India before moving production to China, marking a significant shift in its manufacturing strategy [8]. Additional Product Developments - Apple is also working on a second-generation iPhone Air, which has been delayed to spring 2027 due to redesign efforts aimed at improving its market appeal [10][11]. - Other product lines, including new versions of AirTag, Apple Studio Display, and various Mac and iPad models, are also in development, with some expected to launch in 2026 [12][13].