Apple has not officially confirmed the device yet, but multiple reports indicate it could be introduced in September.
Apple could enter the foldable phone market this year, challenging Samsung and Huawei
Apple's first foldable iPhone has recently appeared in several leaks that hint at its possible storage options, pricing, and hardware. The device is commonly referred to in reports as the iPhone Fold, although one leak suggests it may launch with a different name. Interest in the handset has increased following the debut of the more affordable iPhone 17e, which has shifted focus to Apple's premium models expected later this year. Apple has not officially confirmed the device yet, but multiple reports indicate it could be introduced in September.
According to a Weibo post by tipster Instant Digital (translated from Chinese), the foldable iPhone could launch in China with three configurations, with the 256GB variant priced at CNY 15,999 (roughly Rs. 2,14,400), the 512GB at CNY 17,999 (roughly Rs. 2,41,100), and the 1TB at CNY 19,999 (roughly Rs. 2,67,900). These prices roughly translate to about $2,330 (roughly Rs. 2,15,200), $2,621 (roughly Rs. 2,42,100), and $2,913 (roughly Rs. 2,69,100), respectively, based on current exchange rates.
However, a MacWorld report notes that Apple typically makes adjustments to pricing in other markets. For example, the 256GB iPhone 17 Pro sells for $1,099 (roughly Rs. 1,01,500) in the US but costs CNY 8,999 (roughly Rs. 1,20,600) in China despite a lower direct conversion.
Based on similar pricing adjustments, the publication estimates the foldable iPhone could start at about $1,999 (roughly Rs. 1,84,700) for the 256GB model, with the 512GB and 1TB variants potentially priced at $2,199 (roughly Rs. 2,03,100) and $2,399 (roughly Rs. 2,21,600).
Meanwhile, Whylab (translated from Chinese), another Weibo user, has suggested a different naming strategy for the device, claiming Apple may call it the iPhone Ultra instead of iPhone Fold. The name would align with Apple's use of the Ultra branding for products such as the Apple Watch Ultra and the Ultra versions of its M-series chips.
The same tipster predicted a significantly lower entry price of just over CNY 10,000 (roughly Rs. 1,34,100). However, this estimate differs sharply from other leaks and remains uncertain.
Separately, a report from The Bell states that Samsung could supply the 12GB RAM modules for the foldable iPhone. That would reportedly match the memory configuration for other Apple handsets, such as the iPhone Air and iPhone 17 Pro.
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