Report: Apple Increases Production of First Foldable iPhone Amid Rising Consumer Demand
Apple has raised its production target for the first foldable iPhone to 10 million units, with expectations that it will become the most expensive phone in the company's history, with prices starting at $2,500. This move comes amid the company's efforts to secure components for more devices, as it has booked parts for approximately 80 million phones of the new models set for 2026, including the foldable model and the iPhone 18. The launch of this phone is expected in September, with a gradual increase in production anticipated despite challenges in the component market.
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