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Apple to Ship 10 Million Foldable iPhones in First Year

· Technology · Bloomberg, Investing.com

Apple is expected to ship over 10 million foldable iPhones in its first year, according to IDC. The device, set to debut in September, will be Apple's first foldable phone. It is anticipated to revive the foldable smartphone segment, initially pioneered by Samsung. The phone will likely be priced at a premium but still attract buyers.

Why it matters

The launch could rejuvenate the slowing foldable smartphone market and set new competition standards. It also signals Apple's entry into a segment dominated by Samsung.

Read the original report — Bloomberg

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