Apple Inc is gearing up to release a foldable iPhone in the fall of 2026, with shipments projected to start at 3-5 million units and rise to 20 million in 2027. The new device features ultra-thin glass, risking cracks and higher costs, potentially priced over $2,000. Despite challenges, Apple’s loyal customer base could drive demand. Apple’s stock has a market cap of $4 trillion and has gained 9.56% in the past year, outperforming the Nasdaq. The company reported strong Q4 earnings, with revenue up 7.9% and EPS up 90.7%, driven by iPhone and services growth. Analysts remain optimistic, with a consensus “Moderate Buy” rating and price target potential upside of 6.3%.
Read more at Barchart: Analysts Are Hot on the Foldable iPhone. Should You Buy AAPL Stock Before Apple’s Next Big Product Launch?
