Apple Foldable iPhone to Ship 10 Million Units in First Year

Apple is set to unveil its first foldable iPhone at a product event on September 9, 2026, with market research firm International Data Corporation forecasting the device will ship more than 10 million units in its first year. The launch, expected at a price of roughly $2,500, comes as the global smartphone market faces a record decline, but analysts predict Apple's entry will revitalize the foldable category. According to IDC, the foldable iPhone is projected to capture about 40% of global foldable shipments by 2027.