The anticipated launch of the foldable iPhone by Apple Inc. may be pushed to 2027 due to design delays, impacting its competitive edge in the smartphone market.
- Reports previously indicated that Apple Inc. would unveil the foldable iPhone, likely named the iPhone Fold, in September 2024 alongside the iPhone 18 Pro models.
- The delay in launching the iPhone Fold has been attributed to challenges in designing a crucial component, pushing its release potentially to 2027.
- While the iPhone 18 series is still scheduled for release in 2024, the postponement of the foldable iPhone could affect Apples innovation strategy and market share.
Why It Matters
This delay highlights the competitive pressures facing Apple Inc. in the rapidly evolving smartphone market, where timely innovation is critical for maintaining consumer interest and market leadership.