Apple Inc. is reportedly moving forward with its first foldable iPhone, expected to launch in September alongside the iPhone 18 Pro and Pro Max. The device is rumored to carry a price tag exceeding $2,000, positioning it as one of the most premium smartphones ever released. The foldable iPhone aims to address long-standing industry challenges, particularly around screen durability and visible creasing. Apple engineers are reportedly working to minimize the crease effect while enhancing overall display quality. In addition, the device is expected to feature a wide, landscape-oriented design and updated iOS functionality that allows apps to behave more like they do on an iPad when unfolded. With the broader market also rising on improved geopolitical sentiment, Apple’s move into foldables could represent a significant shift in the smartphone industry and potentially open a new premium product category. Disclaimer: Video contains AI generated content.