Apple plans to launch its first foldable smartphone, rumored as the iPhone Ultra, in September 2026 alongside the iPhone 18 Pro series. According to analyst Ming-Chi Kuo, the device will likely retail between $2,300 and $2,500, making it roughly double the price of the iPhone 17 Pro Max.
Why the iPhone Ultra price may reach $2,500
Photo: CNBC
The projected cost reflects both the complexity of the hardware and Apple’s historical pricing strategy for new form factors. Mashable reports that Kuo’s most precise prediction places the price at “roughly $2,300–$2,500.” This represents a significant jump from the iPhone 17 Pro Max, which starts at $1,200 for 256GB of storage.
While other analysts cited by Tom’s Guide suggest a lower entry point around $2,000—matching the Samsung Galaxy Z Fold 7—the prevailing view is that Apple will charge a premium for its first entry into the foldable market.
Production bottlenecks and the ‘iPhone X’ launch pattern
Photo: Yahoo Finance
Apple may announce the device in September but delay shipping until the fourth quarter of 2026. Yahoo Finance reports that Kuo’s supply chain survey shows only 500,000 to 1 million units expected in the third quarter. Total assembly shipments for the second half of 2026 are estimated at 7 million to 8 million units.
This rollout strategy mirrors the 2017 launch of the iPhone X. That device was unveiled with the iPhone 8 lineup but reached consumers weeks later due to production bottlenecks involving the OLED screen and FaceID camera. Engadget notes that the iPhone Ultra’s innovative folding design is expected to create similar manufacturing challenges.
“This means the foldable iPhone could sell out immediately after pre-orders open, with delivery lead times quickly stretching to 4–6 weeks or longer and remaining there through December,”
Ming-Chi Kuo, Analyst
Hardware specs: A ‘passport-sized’ design
Apple's Ultra Foldable iPhone Expected to Face High Demand & Easy Money for Phone Flippers.
Leaked prototypes and CAD drawings provide a glimpse into the device’s physical profile. Macworld reports that leaker Sonny Dickson shared “exclusive first dummies” showing a passport-sized design. The device features a widescreen inner display roughly the size of an iPad mini.
Feature
Rumored Specification
Interior Display
7.8 inches
Exterior Display
5.3 to 5.5 inches
Rear Cameras
Two lenses
Processor
A20
RAM
12GB
Casing
Titanium + Aluminium
The hardware may include some surprising omissions. According to the dummies shared by Dickson, the iPhone Ultra lacks MagSafe support, a feature present even on the budget iPhone 17e. Furthermore, while the iPhone 18 Pro line will likely feature three rear cameras, the Fold dummies only show two.
To manage the screen’s durability, Engadget reports the device will likely use a flexible OLED with a laser-drilled metal support plate to minimize the screen crease.
How memory shortages are impacting the 2026 roadmap
Apple is aggressively securing components amid a global memory shortage driven by AI data center demand. CNBC reports that Apple has instructed suppliers to prepare for 10 million foldable units this year, an increase from previous forecasts.
This purchasing power gives Apple a distinct advantage over Chinese competitors like Xiaomi, Oppo, and Vivo. An executive at a supplier told Nikkei Asia that Chinese makers are in a “weak spot in terms of getting more supplies of memory chips or increasing the prices.”
While Samsung is reportedly raising prices for the Galaxy S26 series—with the base model potentially increasing by roughly $240—TechRadar reports that Apple intends to absorb these costs to keep the starting prices of the standard iPhone 18 line flat.
The broader 2026-2027 product strategy
The iPhone Ultra is part of a larger shift in Apple’s release cadence. What Hi-Fi reports that Apple may split its launches: the Fold, Pros, and a new “Air” model in the autumn, and lower-end models in the spring.
This strategy ensures the foldable doesn’t get lost in a sea of announcements. The roadmap is further supported by iOS 27 beta code, which contains terms such as “foldState” and “angleDegrees,” signaling that software support for a folding hinge is already in development.
The stakes for this launch are high. While foldables have remained a niche for enthusiasts, Kuo believes the iPhone Ultra’s “highly recognizable design, and an innovative user experience” will support a short-term resale premium and strong demand through the end of 2026.
Adrian has a background in tech reporting and product analysis, previously working in Silicon Valley. He leads the technology section, covering innovation, cybersecurity, AI, and emerging digital industries.