Apple’s Foldable iPhone Could Hit 10M Units, Carry a $2,500 Price

Apple is raising its manufacturing target for its first foldable iPhone to around 10 million units, up from 7–8 million, signaling strong confidence in demand. Expected to launch in late 2026 under the name "iPhone Ultra," the device will carry a starting price of around $2,500. While rivals face supply shortages, Apple's purchasing power lets it secure components at scale, giving it a significant competitive edge.