Citi analysts say a foldable iPhone may not be very popular yet. But they believe it can be important in the future. Because of this, investors should start getting ready now.
An analyst named Atif Malik says Apple may start making more foldable iPhones later this year. Apple could show this phone in fall, together with the iPhone 18 Pro models. Sales may grow more in 2027.
Malik says the foldable iPhone will be very expensive, around $2,000. Because of the high price, Apple may sell only about 8 million phones in 2026. This is a small part of total iPhone sales. In 2027, sales could grow to 20 million phones.
Apple stock has not been doing very well. Last year it went up 11%, but the market went up more. In 2026, Apple stock is down 6%. Many investors are buying AI companies like Nvidia and Microsoft instead.
Malik still says Apple is a good buy, but he lowered his price target because memory chips are getting more expensive.
Experts say two things could help Apple soon. First, Apple will work with Google to use Gemini AI in Siri. This will make Siri smarter.
Second, a foldable iPhone could make people buy new phones again. Many people are keeping their iPhones for three years or more. A new design may make them want to upgrade sooner.
Another analyst agrees. He says a foldable iPhone and a smarter Siri could give people a good reason to buy a new iPhone.
Apple hopes that a new foldable design and new AI features will help bring back excitement from users and investors.
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