Apple Plans $2200 Foldable iPhone Launching 2024 China

Apple is preparing to launch its first foldable iPhone in 2026, with leaked pricing indicating it will be significantly more expensive than Samsung's Galaxy Z Fold7, starting at approximately $2,230 for the base 256GB model and potentially reaching nearly $2,790 for the 1TB version. Despite foldable phones currently making up less than 2% of the global smartphone market and a majority of American consumers expressing disinterest due to high prices, durability concerns, and perceived impracticality, Apple is known for introducing products that reshape consumer demand rather than following existing trends. The iPhone Fold is expected to feature a crease-free inside screen produced by Samsung, run on the upcoming iOS 27, and be powered by the advanced A20 Bionic chipset using 2nm technology. Samsung’s foldable Galaxy Z Fold7, although a technological marvel, struggles to gain significant market share in the U.S., where Apple dominates with a 56% share compared to Samsung's 25%, largely due to strong consumer loyalty to the iPhone ecosystem. The foldable iPhone is anticipated to invigorate Apple's product lineup, which has seen softened revenue growth recently, and potentially ease pressure on CEO Tim Cook by offering a cutting-edge device that could redefine the smartphone category. Apple’s approach reflects the company’s historical strategy of unveiling innovative products that consumers don’t yet realize they want until Apple presents them.