Apple Reportedly Considered $1,999 Price Tag for iPhone Ultra

Apple reportedly planned a $1,999 starting price for its upcoming iPhone Ultra foldable smartphone, but supply chain constraints may push the retail cost to $2,199.

The device is expected to feature a 7.8-inch folding screen, a 5.5-inch cover display, and a titanium-aluminum hinge system designed to minimize the screen crease.

Top-tier configurations of the foldable handset, which has been in development for a decade, could reach a price point of $3,000 according to industry reports.