Apple Seen Rallying in H2 2026 on $1,999 Foldable iPhone Launch
Updated
Updated · The Motley Fool · Jun 16
Apple Seen Rallying in H2 2026 on $1,999 Foldable iPhone Launch
3 articles · Updated · The Motley Fool · Jun 16
Summary
Apple shares have risen 9% in 2026, trailing the Nasdaq’s 15%, but a second-half rebound is being tied to an expected September debut of a foldable iPhone.
Leaks in iOS 27 beta code and analyst reports from Mark Gurman and Ming-Chi Kuo point to a launch this year, with Apple reportedly planning just two color options.
IDC estimates foldable smartphone sales grew 10% in 2025 and projects nearly 30% growth in 2026, giving Apple an opening to enter a niche that rivals such as Samsung already serve.
Apple held 21% of the global smartphone market in Q1, with shipments up 4.4% even as the overall market fell 2.9%, suggesting a foldable model could add to sales momentum.
At a reported $1,999 price, the device could lift margins and help Apple beat forecasts for 17% earnings growth this fiscal year and 10% in fiscal 2027; IDC sees Apple taking 22% of foldables this year and 34% by 2029.