Accessible version Apple Inc. Asia checks: Foldable coming, a staggered launch of new iPhones; PO to $320 Reiterate Rating: BUY | PO: 320.00 USD | Price: 247.99 USD Apple to launch its first foldable iPhone in 2026 Our checks in Asia suggest that Apple will likely introduce its first foldable iPhone in 2026. We expect the features to include an inner screen (book style foldable) of 7.7-7.8" and under 10mm thickness when folded. The foldable is expected to have Touch ID in its first generation and no Face ID ...

Core Viewpoint - Apple is exploring test production of a foldable iPhone in Taiwan, having engaged in discussions with various suppliers [2] Group 1 - The potential for mass production of the foldable iPhone hinges on the success of initial test production [2]

Core Viewpoint - Apple Inc is reportedly set to launch its first foldable devices, including a foldable iPhone, as early as 2026, which could help the company recover from declining iPhone sales [1][2][3]. Group 1: Product Development - Apple is working on two new foldable devices, with at least one expected to enter mass production in the second half of 2026 [3]. - The foldable iPhone is projected to cost $2,000 or more, according to analysts [3]. - In addition to the foldable iPhone, Apple is developing a foldable device with an 18-inch screen, likely a new Mac or iPad [4]. Group 2: Market Context - Apple's iPhone revenue fell from $69.7 billion to $69.1 billion year-over-year, indicating a need for new growth avenues [1]. - The smartphone market is expected to recover in 2026, coinciding with the launch of Apple's foldable devices [3]. - Competitors like Samsung, Google, and Motorola have already released foldable phones, positioning Apple to test demand in this emerging segment [6][7]. Group 3: Consumer Sentiment - There are concerns about whether consumers are willing to pay a premium for foldable technology, especially after the rollout of Apple Intelligence AI features on the iPhone 16 did not meet user expectations [5]. - The foldable smartphone segment currently represents a small percentage of the overall market, but Apple's entry could significantly influence consumer preferences [7]. Group 4: Stock Performance - Apple stock closed at $214, up 0.24%, with a year-to-date decline of 12.2% and a 23.2% increase over the last year [8].