Tim CookJohn TernusSamsung ElectronicsApple Inc.

Apple's new CEO John Ternus to debut first foldable iPhone at Wednesday event; device may eclipse $2,000

Apple's new CEO John Ternus will debut the company's first foldable iPhone at Wednesday's launch event, alongside upgrades to the iPhone 18 Pro models. The foldable device is expected to carry a price tag exceeding $2,000, appealing to customers seeking alternatives to traditional smartphones.

Yahoo Finance Yahoo Finance8 September 2026 · 16:41 UTC
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Apple's new CEO John Ternus will make his debut at the annual iPhone launch event on Wednesday, introducing the highly anticipated first foldable iPhone. This device is expected to feature a design similar to competitors like Samsung's Galaxy Z Fold 8, which starts at $1,899.123

The foldable iPhone's price tag may exceed $2,000, potentially deterring some customers but appealing to Apple's loyal fanbase seeking innovative alternatives to traditional smartphones. “The high price could make it worthwhile for the company if even a fraction of its loyal supporters buy it,” industry analysts suggest.

In addition to the foldable, Ternus is expected to unveil upgrades to the iPhone 18 Pro models, which will likely include the latest A series processor and camera enhancements, such as an upgraded aperture for improved lighting control. However, major cosmetic changes are unlikely following last year's refresh with the iPhone 17.45678

While the launch of standard iPhone 18 models remains uncertain, reports indicate that Apple may introduce these alongside the iPhone 18e and the second-generation iPhone Air early next year, marking a significant shift in the company's iPhone strategy.

Key Insight
“The foldable iPhone is expected to match styling of Samsung's leading foldables but carry a price tag that could exceed $2,000. Apple may also unveil iPhone 18 Pro models with an upgraded A-series processor and camera aperture, while the base iPhone 18 could shift to early next year.”
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“Apple will kick off a new era on Wednesday when CEO John Ternus takes the stage for the first time for the company's annual iPhone launch event.”
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