Apple will ship millions of $2,000 foldable iPhones this year: Citi

Citi analyst Atif Malik predicts Apple will launch a foldable iPhone later this year, with shipments expected to reach 8 million units in 2026 and 20 million units in 2027. The device is expected to debut at Apple's annual fall launch alongside iPhone 18 Pro/Pro Max models, with a premium price of around $2,000.