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Apple Launches Foldable iPhone at Competitive $1,999 Price

3/15/2026

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Story summary
  • Apple Inc. is set to release a foldable iPhone this year at $1,999 for a 256 GB variant, matching the Samsung Galaxy Z Fold 7.
  • The price is lower than initial estimates of $2,400.
  • Analysts say Apple may use this pricing to capture market share by offering an upgrade from traditional iPhones while absorbing rising costs.
  • The move could challenge Samsung if competitors maintain similar pricing for upcoming foldable models.