Geopolitical risk makes that market even more volatile. A crackdown from Beijing on American tech companies could force Apple to exit,” wrote PYMNTS CEO Karen Webster, pointing out the delicate spot Apple is standing on as it is poised to release what could be its most ambitious device ever: a foldable iPhone.

We know that Apple's first foldable iPhone is going to be expensive, but a new report suggests it might not completely break the bank.

The first foldable iPhone is expected to be revealed in September 2026 during Apple's annual iPhone event, according to a report from financial services firm JPMorgan, at a price of $1,999. It will be part of Apple's iPhone 18 lineup, the report said. The iPhone will reportedly include these features: