Kobeissi Letters Editor-in-Chief Adam Kobeissi explains why he's so bullish on stocks, treasuries, oil and gold about 'Making Money.'
Apple reportedly has a thinner iPhone model and another foldable one in the pipeline.
The tech giant is looking to launch two new designs in the coming years, with the slimmer device targeting 2025 and the foldable phone expected to arrive a year or so after that, The Wall Street Journal reported Sundayciting an unnamed source.
The thickness of the thin iPhone will reportedly clock in at less than 8 millimeters. It may also come with a less complex camera, according to the outlet.
Apple Inc. released a new artificial intelligence-focused iPad Pro and a larger iPad Air, aiming to reinvigorate a tablet lineup that has been in decline for the past two years. (Michael Nagle/Bloomberg via Getty Images/Getty Images)
The thinner device will try to appeal to people in the market for an iPhone with a smaller price tag than the taller models Apple makes, The Journal reported.
APPLE IPO ANNIVERSARY: HOW MUCH IS A $1,000 INVESTMENT WORTH TODAY?
Apple's iPhone 16 Pro costs $999, while the starting price for the Pro Max is $1,199.
Meanwhile, the planned foldable iPhone could provide dimensions that exceed those available with the iPhone 16 Pro Max screen, according to The Journal.
The iPhone 16 Pro Max has a 6.9-inch screen, making it "the largest iPhone display ever," according to Apple's press release.
Companies like Samsung, Google, Motorola and Huawei already sell foldable phones.
Apple reportedly has a thinner iPhone model and another foldable one in the pipeline. (Scott Olson/Getty Images/Getty Images)
The foldable phone is reportedly not the only mobile phone foldable technology which Apple wants to do.
The tech giant aims to produce a laptop-like device that has a screen of about 19 inches when fully opened, according to The Journal. It is currently reportedly expected to debut after the foldable iPhone launches.
APPLE INTELLIGENCE HAS ARRIVED. HERE'S HOW TO UPDATE YOUR DEVICE TO GET IT
FOX Business contacted Apple for comment on the reported technology.
| Ticker | Safety | Last | Changed | Change % |
|---|---|---|---|---|
| AAPL | APPLE INC. | 237.33 | +2.40 | +1.02% |
The company's latest iPhones — iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max — have in the market since the end of September. It is the first phone that Apple has built for its Apple Intelligence feature.
The company's latest iPhones — iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max — have been on the market since late September. It is the first phone that Apple has built for its Apple Intelligence feature. (Gary Hershorn/Getty Images/Getty Images)
In late October, Apple said it generated about $201.18 billion in annual net sales from its iPhone segment, including $46.22 billion in the fourth quarter ended Sept. 28. Its net sales of all its products and services for the year totaled $391.04 billion, representing a 2% year-over-year increase.
APPLE'S NEWEST TECH CHIEF TIM COOK EXPECTED TO MEET TRUMP AHEAD OF HIS SECOND TERM: REPORT
The tech giant has launched a lot new product in recent months on the iPhone 16, including the Apple Watch Series 10 and the latest version of the iPad Mini.
Its market capitalization hovered around $3.79 trillion as of Monday afternoon, making it the most valuable company in the world.
Source link