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Benzinga
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Six Years Late, Apple's Foldable iPhone Could Still Flip Everything

1. Apple's foldable iPhone may generate $65 billion by 2029. 2. Foldable market currently only 1.5% of smartphone sales. 3. Apple's loyal user base could disrupt Samsung's foldable dominance. 4. JPMorgan predicts 10-15 million units sold by 2027, ramping to 45 million by 2029. 5. Increased hardware needs may benefit Amphenol and Corning.

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FAQ

Why Bullish?

Apple's entry into the foldable market could significantly improve revenue and EPS growth. Historical success with late product entries supports the confidence in market disruption.

How important is it?

The news outlines a major product development that directly links to revenue projections, making it important for investors.

Why Long Term?

The impact is expected to materialize over several years, particularly as foldables gain market traction. Past entries, like the iPhone and iPad, took time to scale.

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