Apple has yet to enter the foldable market compared to its Android competitors. Some analysts previously predicted that the first foldable model would arrive in 2024, but this seems unlikely. A foldable iPhone in 2025 could generate $100 billion in revenue.
Foldable iPhone revenues in 2024
The folding smartphone market has faced major hurdles due to hinge and display issues with Samsung’s Galaxy Fold models. This suggests that Apple will not launch a foldable iPhone until it has resolved some of these issues.
The iPhone 15 family is expected to be introduced at the launch in September this year. Expectations for the first foldable iPhone point to 2025.
A market research company’s report showed that the possible foldable model that Apple will introduce in 2025 will have a huge impact on the smartphone market. Accordingly, it will dominate more than 21 percent of the foldable phone world in the first year it is introduced. By 2027, this dominance will reach 39 percent.
Apple’s foldable iPhone volume could reach $100 billion within two years of introduction. Despite this, Samsung is expected to maintain its leadership in the foldable market with its Z Flip and Z Fold models.
The folding iPhone probably won’t debut until 2025. However, it is rumored that Apple may first introduce a foldable iPad in 2024. This would allow Apple to test folding displays on a smaller scale.