Apple Inc. (NASDAQ: AAPL) is reportedly planning to introduce its first foldable iPhone, potentially named the iPhone Ultra, which could be unveiled at an event on September 9, 2026. The device is expected to be priced at around $2,000 or more and is rumored to measure just 4.5 millimeters thick when unfolded.
According to reports, the slim profile of the device may force Apple to make significant compromises. The primary constraint is space; the report suggests there may not be enough room for the TrueDepth hardware required for Face ID. To address this, Apple could bring back Touch ID by embedding a fingerprint sensor in the side-mounted power button.
Photography capabilities may also be scaled back. The foldable model is expected to feature only two rear cameras—a 48-megapixel wide and ultrawide lens—omitting the telephoto lens found on current Pro models. This omission aligns with recent trends where Apple has removed the telephoto lens from the standard iPhone 17 and iPhone Air.
Other potential omissions include a physical SIM tray and the Action Button, though analyst Mark Gurman indicated that MagSafe is expected to remain on the device. Analysts view the device as a design-first compromise, betting that the foldable experience and pocketability will outweigh the lack of Pro features.
Apple shares closed at $316.22 on Tuesday, down 1.17%, and edged up 0.04% to $316.35 in after-hours trading.
