Overview
- Apple shares swung after Tuesday’s conflicting reports on the foldable iPhone, falling as much as 5% before trimming losses.
- Nikkei Asia said test-phase engineering problems risk pushing mass production to 2027, with April through early May flagged as a make-or-break window.
- Bloomberg’s Mark Gurman reported Apple still plans a September debut alongside iPhone 18 Pro models, though he cautioned the schedule is not final because production has yet to ramp.
- Bloomberg also reported the device would cost more than $2,000 as part of a push to refresh the premium iPhone lineup.
- Analysts expect any update at Apple’s April 22 earnings call or at June’s developer conference, noting prior reports that a foldable iPad slipped to 2029 or later.