Apple’s rumored foldable smartphone, known as the “iPhone Ultra” or “iPhone Fold,” may face supply challenges following its anticipated launch in late Q3 2026, according to analyst Ming-Chi Kuo. Kuo estimates initial production will range between 500,000 and one million units shortly after launch.
Production is expected to increase dramatically, with estimates suggesting Apple will ship approximately seven to eight million units by the end of 2026. Kuo cited the complexity of the iPhone Ultra’s folding design as a reason for the slow initial production, recalling similar challenges faced during the launch of the iPhone X.
Despite a projected price of up to $2,500, Kuo expects demand for the foldable iPhone to remain high, influenced by insights from carriers, sales channels, and resellers. Pre-orders are anticipated to sell out rapidly, potentially leading to lead times extending up to six weeks or longer into December.
Kuo noted that factors such as limited initial supply and an innovative design will likely create a short-term resale premium for the device. He also stated concerns over his predictions, emphasizing that Apple has not officially confirmed the existence of the foldable phone.
Recent references discovered in the iOS 27 beta, including terms like “foldState” and “angleDegrees,” have fueled speculation regarding the device’s development. While the name “iPhone Ultra” remains unofficial and subject to change, the expected specifications include a 5.5-inch exterior display and a 7.8-inch interior display, which are smaller than the iPad mini’s 8.3-inch display.
The design is anticipated to be squarer than Samsung’s Galaxy Z Fold 7, producing a wider profile when unfurled. Reports suggest that the device will utilize flexible OLED technology incorporated with a laser-drilled metal support plate to manage stress, along with a nearly invisible crease.
