Analysts Are Hot on the Foldable iPhone. Should You Buy AAPL Stock Before Apple’s Next Big Product Launch?

Core Insights - Apple is working on a foldable iPhone expected to launch in fall 2026, with initial shipment projections of 3 to 5 million units in 2026, increasing to 20 million in 2027 [1][3] Group 1: Product Development - The anticipated foldable iPhone will feature ultra-thin glass, which poses execution risks due to its fragility and higher costs, potentially leading to retail prices exceeding $2,000 [2][3] - The device may include a 7.8-inch internal display, a 5.5-inch exterior panel, Touch ID, dual lenses, and a stainless steel-titanium hinge [3] Group 2: Market Performance - Apple has a market capitalization of $4 trillion and has seen its stock price increase by 9.56% over the past 52 weeks, with a notable 39.2% rise in the last six months [5] - In the last three months, Apple's shares rose by 11.47%, significantly outperforming the Nasdaq 100 Index, which gained only 2.3% [5] Group 3: Valuation Metrics - AAPL stock is trading at 33.55 times forward adjusted earnings and 8.92 times forward sales, indicating a premium over industry averages and reflecting market expectations for sustained growth and strong margins [6]