Next week, Apple Inc. (NASDAQ: AAPL) will launch its highly anticipated foldable iPhone during a significant product event in Cupertino. This marks a pivotal moment for new leader John Ternus, with analysts predicting up to 17 million units could ship by 2027, potentially capturing 40% of the global foldable market. The expected starting price is over $2,500, which could generate over $45 billion in revenue.
However, rising costs pose challenges; the bill of materials for the upcoming Pro iPhone could be nearly 40% higher than last year, leading to anticipated price increases of around $200 compared to its predecessor. Analyst predictions vary widely—Rothschild maintains a bullish target of $400, while Jefferies has downgraded Apple to Underperform with a target of $263.66. The consensus remains a Moderate Buy as excitement builds ahead of the launch.
The outcome of next week’s event could significantly influence Apple’s stock performance. A successful launch could lead to record share prices, while disappointments may amplify skepticism about the company’s strategy and market position.
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