Apple CEO John Ternus Unveils Foldable iPhone at Hardware Event

New Apple CEO John Ternus introduced the foldable 'iPhone Ultra' at the company's annual hardware event in Cupertino, California, on September 9, 2026.

The foldable device, which features a passport-sized closed form factor and a larger internal screen, is priced starting at $2,000.

Apple aims to capture 31 percent of the global foldable smartphone market by the end of 2026, according to projections from research firm IDC.