Apple Unfolds Its First Foldable iPhone Ultra Today, Starting Near $2,000

An iPhone Ultra that unfolds to 7.8 inches, trades Face ID for Touch ID and carries a price near $2,000, per pre-event reports. (Image: Shutterstock)
An iPhone Ultra that unfolds to 7.8 inches, trades Face ID for Touch ID and carries a price near $2,000, per pre-event reports. (Image: Shutterstock)

Apple presents its first foldable iPhone on Sept. 9, a book-style device that credible reports say opens to a 7.8-inch display and starts near $2,000.

Key Points:

  • Apple is expected to unveil its first foldable iPhone at a Cupertino event on Sept. 9, the first keynote under new chief executive John Ternus.
  • Independent reports converge on a book-style design, a Touch ID power button and a starting price close to $2,000.
  • Research firm IDC expects the launch to lift foldable shipments 13% this year to 22.9 million units.

iPhone Ultra Screens And Price Take Shape

The handset, widely called the iPhone Ultra, closes into a squat, passport-like shape. Opened, it reveals an inner screen of roughly 7.8 inches with a 4:3 aspect ratio, a shape closer to an iPad mini than to any phone Apple sells today. A cover display of about 5.5 inches handles calls, messages and quick tasks while the device stays folded shut.

Price is the second point of broad agreement, with most estimates putting the entry model near $2,000.

Several analysts expect higher-storage versions to climb toward $2,500, while the current flagship, the iPhone 17 Pro Max, starts at roughly $1,200, which would place the foldable a full tier above anything in the lineup.

Three further details recur across the reporting, and each one is a trade-off. The device is expected to drop Face ID for a Touch ID power button and to skip the telephoto lens, leaving two rear cameras and no optical zoom. It should run a modified version of iOS rather than iPadOS, with side-by-side apps on the larger screen.

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Dan Ives And IDC Weigh Foldable Odds

Dan Ives, a partner at Yorkville Ives & Co., called the foldable a potential major hit and said the timing suits a new hardware chapter under new chief executive John Ternus.

Melissa Otto, head of research at S&P Global Visible Alpha, said the event lets Apple argue why its version deserves attention, and added that investors want evidence on artificial intelligence.

The stakes reach past a single product. iPhone sales have slowed in a saturated home market, where Americans already own about 158 million of the phones. Research firm IDC expects Apple's entry to lift foldable shipments 13% this year to 22.9 million units, even as it projects total smartphone shipments falling 16.7%.

Apple Foldable Delays Stretch Back Years

Wednesday's keynote is also the first led by Ternus, who succeeded Tim Cook on Sept. 1. He spent most of a 25-year Apple career in hardware engineering, contributing to the iPad and AirPods lines.

Talk of a folding iPhone is far from new. Reports first pointed to a 2020 release, then slipped year after year as Apple wrestled with hinge durability and the visible crease that mars competing screens. Samsung, by contrast, has sold book-style foldables since 2019, and Apple has warned that supply constraints could keep early stock tight, with some buyers waiting into the fourth quarter.

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Alexey Bondarev

Alexey Bondarev is the Head of Content at Yellow.com, having reported on crypto for the last 10 years. He specializes in in-depth Research and Learn pieces, with a focus on analytical reporting, industry context, and the bigger forces shaping crypto, from the AI era and security technologies to fintech innovation. He believes that everything digital will imminently overcome everything analogue and is working hard to make that come true.

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Apple Unfolds Its First Foldable iPhone Ultra Today, Starting Near $2,000 | Yellow