Apple Is Reportedly Planning 5 New iPhones -- Including a $2,500 Foldable. Here's What It Means for the Stock.

Apple is planning at least five new iPhone models between late 2026 and early 2027, including its first foldable smartphone priced around $2,500 with production targets of 10 million units. While the foldable could reset premium iPhone pricing and strengthen the installed base for high-margin services, the analyst cautions that execution risks exist and the stock already trades at a premium valuation of 37x earnings. Revenue impact will primarily affect fiscal 2027 results rather than near-term quarters.