Apple Inc. is expected to enter the foldable smartphone market in 2026, according to a research note from Bank of America (BofA), marking one of the most significant hardware shifts for the iPhone lineup in years and a potential catalyst for a new upgrade cycle.
BofA’s supply chain checks across Asia suggest that Apple’s first foldable iPhone will adopt a book-style design with an inner display measuring around 7.7 to 7.8 inches. The device is expected to be less than 10mm thick when folded, positioning it competitively against existing foldables while maintaining Apple’s focus on premium build quality.
Notably, the first-generation model is likely to feature Touch ID instead of Face ID and may not include a physical SIM slot, highlighting a shift in both hardware design and user interface approach.
The bank expects strong initial demand, with the supply chain preparing for production volumes of 10 million to 20 million units. This is significantly higher than current foldable smartphone shipments from competitors, which typically remain in the single-digit millions.
BofA attributes this to Apple’s loyal high-end customer base, particularly users of Pro and Pro Max models, as well as robust demand potential from China, where larger-screen devices are especially popular.
In parallel, Apple is also expected to overhaul its traditional iPhone launch cycle. While premium models, including the foldable, are likely to continue launching in September, the company may shift base models and other variants to a spring release window starting in 2027.
