Technologies

iPhone Fold and iPhone Air 2: Launch Dates, Prices and Everything We Know

Apple’s rumored foldable could come as soon as 2026, though it may have company with a possible iPhone Air 2 or other devices.

With over half a decade of foldable phones released, devices from Samsung, Google and Motorola, such as the Galaxy Z Fold 7, the Motorola Razr Ultra and the Pixel 10 Pro Fold (as well as others from Oppo, Huawei and more) have given consumers plenty to choose from. Notably absent is a foldable iPhone, leaving the folding phone niche handily dominated by Android devices.

While we’ve yet to see any official word on a foldable iPhone from Apple, the company launched the iPhone 17 series along with the new super-thin iPhone Air in September. Given all the engineering it took to cram cameras and components into the top half of the Air, some have theorized that the device is a stepping stone to a foldable, which could take advantage of the Air’s internal design.

Foldable phones represent a tiny fraction of all phones sold globally. CNET found that 64% of people surveyed said they don’t want a foldable phone. But those numbers could change if Apple were to sell a foldable iPhone. There is a lot of hope and expectation placed on Apple to release one, and if rumors are correct, we won’t have to wait much longer for the company to do so.

iPhone Fold history

Rumors suggest Apple is developing a book-style foldable like the Galaxy Z Fold 7. Years ago, in 2017, folks predicted that a foldable iPhone could launch in the then-near future of 2020 — which didn’t happen. Analysts and leakers have been kicking the release date down the road ever since, and rumors and wish lists have lingered as phone fans keep their hopes alive. Absent any confirmed details from Apple, here’s everything we know so far about the company’s future foray into foldables.

A new patent granted to Apple in July 2024, which was applied for years ago, shows how long the company has been working on a folding iPhone. Kuo’s report in early March said that an Apple foldable could launch at the end of 2026, with a 7.8-inch crease-free inner display and a 5.5-inch outer display.

Accordingly, Kuo believes the price would match that of other similar folding devices, at $2,000 to $2,500. Despite the high price tag, he says projected shipments are 3 to 5 million devices, which is a confident estimate given only 19.3 foldables were sold in 2024, market research firm IDC reported.

Although many reports have focused on the company’s struggles to eliminate the crease within the internal folding display, Apple’s patent indicates that the development has been ongoing for some time. Creases have plagued foldable phones since their introduction in 2020, and although the most recent Samsung Galaxy Z Fold 7 and Samsung Galaxy Z Flip 7 have reduced the crease, it is still visible and noticeable.

By mid-2024, market analysts at TrendForce estimated that display crease issues might push back an Apple foldable until 2027, according to 9to5Mac. Prior rumors said Apple may not launch its own flexible screen device until 2025, and Samsung hasn’t let phone fans forget it by releasing an app that will let Apple phone owners experience a Z Fold-esque experience by placing two iPhones side-by-side.

Read more: I Visited Samsung’s Home Turf to See if Foldable Phones Are Really the Future

iPhone 2026 lineup

There’s no guarantee about which phones Apple will release during its usual September window, but the safest bet is on another series of flat phones, which we expect to be the iPhone 18 series. But what else could be coming alongside the usual lineup?

There could be an iPhone Air 2, though rumors conflict on whether to expect one next year or not. There’s been a lot more evidence for an iPhone Fold, though whether it comes out in 2026 or in later years is still uncertain. If the iPhone Fold does launch next year, more rumors have suggested a clamshell device has been prioritized and may come first — given reports of Apple researching a book-style foldable, we could get one of those as well.

iPhone Fold or iPhone Air 2?

There’s the chance that we get an iPhone Fold next year, which rumors have said could launch in 2026 at the earliest, though it could also come out in 2027 or later. It should be noted that analysts and rumors had predicted a foldable iPhone release from as far back as 2022, so the rolling prospective launch windows don’t lend confidence that we’ll necessarily see the device come out next year. Given Samsung’s six-year head start on making foldables, Apple seems to be in no rush to get one out.

While the iPhone Air came out with the iPhone 17 handsets, there are conflicting rumors on whether we’ll see an iPhone Air 2 in 2026. A recent report from The Information says that Apple is delaying the release of the next version of the iPhone, citing people familiar with the matter. This follows rumors that disappointing iPhone Air sales after launch led Apple to dial back production, though even that claim was denounced by TD Cowen, according to a note from the investment research firm that was seen by AppleInsider that asserted the company would continue producing the thin phone. The Information’s story was amended to say that the delay could be caused by engineers who are re-considering the Air’s design so that it could support a second rear camera.

All of which casts doubt on whether we’ll get an iPhone Air 2 next year, but there’s not enough evidence yet to roundly dismiss the possibility.

iPhone Fold specs

There are no confirmed specs for the iPhone Fold, because Apple hasn’t even confirmed one exists or is coming out. Given we don’t have a year of expected release, we can’t much predict what kind of internal specs the iPhone Fold will have — presumably, Apple will want its most powerful A-series chip to run it, along with enough RAM to handle two or three displays (depending on whether it folds inward or outward and needs a dedicated outer screen).

We do have some predictions for other specs, though only for the book-style Fold (not the clamshell). In March, analyst Kuo predicted the larger Fold could have a 5.5-inch outer screen and 7.8-inch inner display. When folded up, it will be 9-9.5mm thick and 4.5-4.8mm when unfolded. A front-facing camera will be available whether the phone is folded or unfolded, while it will also have two rear cameras.

Kuo predicted that the device will use the same high-density battery cells as used in what he referred to then as the “ultra-thin iPhone 17” which is presumably the iPhone Air. But that trim thickness means the foldable may forgo Face ID, so the device may use Touch ID in a side button.

iPhone Fold release date

Apple has neither confirmed the iPhone Fold nor announced a proper release date. Analysts and rumors have predicted that the foldable could come out in 2026 or be pushed until next year.

As for timing, since the iPhone Air was released alongside the iPhone 17 models, the Fold could come alongside the iPhone 18 series. But since Apple released the iPhone 16E early this year, far before the September window for its main iPhone release, the company could do the same with the iPhone 17E in 2026. Apple could even delay the launch of the standard iPhone 18 to the spring of 2027 to make room for the iPhone Fold in Apple’s Sept. 2026 launch, according to an ET News report. Given that Samsung offsets its standard and foldable phone releases at Unpacked events months apart from each other, Apple could do the same.

What Apple’s new patent says about the iPhone Flip

After years of rumors that Apple was working on foldable phones, a patent was finally granted to the company, confirming that it has been working toward a folding iPhone. The 22-page patent (PDF), simply titled “Electronic Devices With Durable Folding Displays,” was filed in November 2021 and granted on July 16, 2024.

Sadly for folding iPhone hopefuls, the patent doesn’t offer much illumination of what an iPhone Flip might look like. Most of the pages show figures depicting cross-sections of potential displays that fold about a hinge but not the device they’re folding around.

There are some tidbits deeper into the text of the patent that hint at potential design choices Apple might make, like a hinge that holds the display flat when unfolded but which would let the display “slightly fold about the bend axis when the electronic device is jolted during the drop event” — in other words, if dropped, the device would fold inward slightly so that it lands on its edges to protect the inner display.

It’s important to note that all evidence shows Apple working on a foldable iPhone, but the patent broadly applies to folding displays in general — to wit, some figure schematics describe a device that “may be a cellular telephone, tablet computer, laptop computer, wristwatch device or other wearable device, a television, a stand-alone computer display or other monitor” or screens as far-ranging as on vehicles, in kiosks, in media players or other electronic equipment.

The rest of the patent describes what an Apple device with a folding display may have and categorically lists things like batteries and wireless charging, Bluetooth and Wi-Fi connectivity, LED or LCD displays, microphones and capacitive sensors, haptics and so on. There’s explicit mention of a display folding 180 degrees, or fully flat, which follows most other foldables — presumably, Apple isn’t going to leapfrog the competition in following Samsung’s concept displays we saw at CES that unfold nearly 360 degrees.

Two foldable iPhone Flips?

Foldable iPhone hopefuls will at least be encouraged that Apple seemingly continues to tinker with an iPhone Flip design. The company is said to be working on two sizes of folding iPhones: a book-style and a clamshell-style, according to an older report by The Information, although this may be contradicted by a newer report by the same site suggesting Apple had settled on the latter for a smaller device. This aligns with prior rumors hinting the iPhone Flip will be in the clamshell format similar to the Samsung Galaxy Z Flip series or Motorola Razr Ultra.

It sounds like Apple’s been struggling to meet its high expectations: The company’s design team wants the iPhone Flip to be half as thin as current iPhone models and to have displays on the outside that are visible when the device is folded shut, according to the report.

Development on the iPhone Flip was halted around 2020, the older report noted, in order to focus on a new project, a folding iPad. This device would have an 8-inch display, around the size of the iPad Mini. The foldable tablet supposedly had less strict durability and thickness requirements, as it wouldn’t need to fit in pockets like an iPhone Flip. Apple was still working on ways to reduce the crease in the middle of the folding display and get the iPad to lie fully flat.

Release date: The iPhone Flip could launch in 2027

The latest indications of an iPhone Flip release date came back in June, when analyst Kuo suggested production could kick off in 2026 with phones coming out that year. This follows Kuo’s earlier prediction in March that the company could release a crease-free foldable by the end of 2026. Furthermore, this would likely be a book-style foldable with a 7.8-inch internal display and 5.5-inch external screen, which is counter to other predictions anticipating a clamshell-style foldable.

It’s possible that these timeline predictions apply to one or the other or, due to the vague nature of rumors, even both — that is, Apple could be working on both a book-style and clamshell style foldable, though it’s less clear if release date expectations would be interchangeable or if Apple would stagger their release.

It’s been an open secret for years that Apple is working toward a foldable iPhone. The company has been registering patents for foldable technologies for almost a decade, and while there’s no guarantee that one will come out even after all that research (remember AirPower?), there’s still been buzz and possible release dates floated for years — though still not one solid enough to get excited about.

Early rumors pointed as far back as 2021 as a potential target date, but the year passed with no foldable iPhone in sight. A March 2021 report from longtime analyst Kuo (via MacRumors) suggested 2023 might be more realistic (though that year has come and gone). According to Kuo, Apple still needs to figure out technology and mass production issues before bringing a device like this to market, hence the wait. Speculation later in 2021 from Bloomberg’s Mark Gurman aligned with Kuo’s predictions: In his Power On Newsletter, Gurman said that the foldable iPhone may not arrive for another two to three years.

Since then, new rumors have pointed to an even later release. Reliable display analyst Ross Young said in February 2024 that the foldable iPhone had been pushed back to 2025, and Kuo reaffirmed his predicted release window in a tweet in April 2022.

“Apple may launch its first foldable product in 2025 at the earliest, which may be a foldable iPad or a hybrid of iPad and iPhone,” Kuo wrote in the tweet.

Another rumor, first noticed by MacRumors in February of 2024 by Weibo-based blogger Fixed Focus Digital, suggested that the foldable iPhone project is delayed for the foreseeable future. The problem? Apple, which is rumored to be using Samsung folding panels for its iPhone Flip’s display, was dissatisfied with the screens’ performance after they broke down a few days into testing.

That’s echoed by the most recent estimate by TrendForce market analysts, reported in 9to5Mac, which predicted that an Apple foldable might not be released until 2027 at the earliest. Why? Apple’s strict requirements for reliability and the phone display’s crease. But Kuo’s more recent March 2025 predictions explicitly noted a crease-free foldable display, suggesting Apple might have moved past this roadblock — if all these rumors are to be believed, of course.

Read more: Top Foldable Phones for 2025

Design: What will the foldable iPhone look like?

A 2021 report from Bloomberg indicated Apple already had a working prototype of a foldable iPhone display. While it wasn’t a working model, it was a step up from a patent — which, until then, was all we had seen.

Apple seems to have taken out every patent under the sun when it comes to foldable displays, including an origami-style folding display, a flip-up display and even a wraparound display. We don’t know which one will make the final cut, but both Kuo and Bloomberg seem to agree that the current prototype is more of a traditional fold-out design.

Unlike Microsoft’s Surface Duo, which has hinges on the exterior, Apple’s would have one continuous display with a hidden hinge mechanism like the Galaxy Fold.

Apple leaker Jon Prosser reported in early 2021 that the iPhone Flip will likely use a clamshell design and come in several “fun colors.” Between the bright pastels of the iPhone 15 and Plus and the sleeker deep blue of the iPhone 15 Pro and Pro Max, an array of fun colors for Apple’s first foldable device is definitely a possibility.

YouTuber ConceptsiPhone also gave us a glimpse into what the iPhone Flip could look with concept art of the foldable iPhone in the colors blue, red, gold and green.

In March 2025, analyst Kuo had some very specific but non-clamshell predictions: that Apple would release a book-style foldable with a 5.5-inch outer screen that unfolded to have a 7.8-inch internal screen, and be 4.5-4.8mm when unfolded but 9-9.5mm thick. It would have the same high-density battery cells as the “ultra-thin iPhone 17” and a hinge with stainless steel and titanium alloy (a favorite material of Apple’s iPhone 16 Pro and Pro Max as well as the Apple Watch Ultra 2).

Per Kuo’s predictions, the foldable will have two rear cameras and a front-facing camera on both the external and internal displays. Most interestingly, Kuo also expects that Apple’s book-style foldable will see the return of Touch ID as a side button, as Face ID might be left out due to space constraints — presumably for the array of depth-of-field sensors and cameras needed for the tech.

Roadblocks: What still stands in Apple’s way?

Samsung and others have been testing the waters, but Apple has been learning from the pain points of their foldable devices and figuring out how they’d be used.

One of these pain points is the crease. A lot of the current cover materials, including the glass and plastic mix that Samsung uses for the Z Fold and Z Flip, show a visible crease when folded out to full screen. To avoid it, Apple would likely have to wait for Corning, Apple’s glass provider, to create some kind of bendable version of its Ceramic Shield screen. The company is already working on a bendable glass but hasn’t announced a launch date for it.

Kuo tweeted in April 2022 that Apple was testing a foldable OLED screen. Korean tech news site The Elec also reported that Apple was working with LG to develop a foldable OLED panel.

Cost: Foldable phones don’t come cheap

Price is another major problem for these types of devices. Although Samsung still has the most affordable folding phone with the clamshell Motorola Razr at $700, most others in the category are book-style foldables like the Galaxy Z Fold 7 and the Pixel 9 Pro Fold, which are around twice the price of most flagship phones. We wouldn’t expect a foldable iPhone to be cheaper than its rivals. Apple’s foldable needs to be in line with current foldable and nonfoldable models to be able to compete against other brands and entice iPhone users to ditch their single-screen devices and pay more for a foldable.

Analyst Kuo predicted that a book-style iPhone foldable coming in 2026 could be priced anywhere from $2,000 to $2,500 as it’s “expected to generate strong replacement demand-despite the premium price-provided quality meets expectations.”

A report last year found that half of American consumers are interested in buying a foldable phone, though Apple customers are slightly less willing to make the leap than Samsung or LG users. Perhaps the “Apple effect” will change those stats if and when a foldable iPhone ever becomes a reality.

Technologies

Kalshi permanently bans former GOP Rep. George Santos over illegal trading

Former GOP Rep. George Santos, of New York, has drawn fire for allegedly trading on whether he would attend this year’s State of the Union address.

The prediction market platform Kalshi announced on Monday it has permanently banned former Republican Rep. George Santos and fined him $71,356 for allegedly using the app to trade on his own attendance at this year’s State of the Union address.

It’s the first ban of its kind on the platform, the company confirmed on Monday.

In the weeks leading up to President Donald Trump’s speech in February, Santos, who represented New York’s 3rd Congressional District from January 2023 until his expulsion from Congress later that same year, allegedly made more than $17,000 by betting on whether he would attend.

In the weeks leading up to the event, Santos “began making a series of public statements regarding his attendance at the event in an attempt to influence the price of Yes and No contracts, respectively. Some of these included false or misleading statements,” according to a Kalshi announcement of the disciplinary action, released Monday. Those actions violated the company’s rules on trading on non-public information, Kalshi said.

In one X post from days before Trump’s address, Santos said: “I’m going to be there for the State of Union in the gallery, guys.” On the day of the State of the Union, Santos posted he was watching from the airport.

Santos shot back at Kalshi on Monday in a post to X.

“Hey @Kalshi thanks for the lifetime ban from your gambling platform. Let’s see how much longer you guys are around for,” the former lawmaker wrote, ending the post with a “kiss mark” emoji.

Kalshi’s disciplinary action is not the first time Santos has drawn fire for the incident.

After Kalshi detected his trades and referred him to federal investigators, the Commodity Futures Trading Commission in July ordered Santos to pay $35,000 for trading on State of the Union attendance. The federal regulator also banned Santos from trading for three years. Santos at the time shared a statement from his lawyer saying he had settled without admitting to any of the CFTC’s findings.

In June, amid the federal investigation, Polymarket, a rival prediction market platform, ended its paid relationship with Santos, who had been working as an online influencer for the company.

Before Santos was sworn into office in 2023, doubts about his biography had emerged. His time in Congress was punctuated by a House Ethics Committee investigation that found “substantial evidence of wrongdoing.” He became the first member of the House to be expelled in more than 20 years.

Santos had also been sentenced to 87 months in prison for wire fraud and aggravated identity theft, though President Donald Trump commuted his sentence last fall.

Kalshi also announced settlements on Monday with three political candidates who traded on contracts related to their candidacies: a governor candidate in California, another gubernatorial hopeful in Maine, and a congressional candidate in North Carolina. All have to pay penalties and are banned from Kalshi for three years, but the company said all three complied with the investigations, unlike Santos.

While the candidates for California and Maine governor lost their races, Laurie Buckhout is the Republican nominee for the battleground North Carolina 1st Congressional District, where she faces Democratic incumbent Rep. Don Davis. Buckhout will have to pay a penalty of just under $2,600 for her trades.

“I bet on myself. Literally,” Buckhout said in a statement. “It was a dumb mistake, and as soon as I learned there was an issue, I worked to make it right. Safe to say my career as a Kalshi trader was short-lived.”

— CNBC’s Davis Giangiulio contributed reporting

Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.

Technologies

Tehran urges return to June deal, oil prices rise as Trump vows to hit Iran ‘hard’

Iran launched an attack on two American bases in Jordan on Monday in retaliation for the U.S. attack on its Larak Island.

Oil prices extended gains Tuesday as traders mulled the threat of escalation, following the resumption of U.S.-Iran military strikes and more turmoil in the Strait of Hormuz.

A tanker was struck by three unknown projectiles while transiting Hormuz on Monday, according to an incident report from the the U.K. Maritime Trade Operations Centre.

Brent

The tanker was sailing in the southern shipping lane close to the Omani coast, the UKMTO said, adding that no casualties were reported.

Iran launched an attack on two American bases in Jordan on Monday in retaliation for the U.S. strike on its Larak Island. American forces targeted two Iranian rocket launchers on Larak Island on Sunday, reportedly killing three, saying that Tehran intended to launch rockets carrying sea mines into the Hormuz Strait.

The small island, located in the strait, has been a critical military and shipping control point for Iranian forces, helping them keep a firm grip on vessel traffic through one of the world’s most critical maritime routes.

Iranian President Masoud Pezeshkian told the Shanghai Cooperation Organisation Summit on Tuesday that Tehran would immediately reciprocate if Washington agreed to return to its commitments under the interim deal signed in June, according to the Iranian Student News Agency.

The back-and-forth hostilities marked the first time that the U.S. and Iran traded strikes in over a month.

While neither side appeared to be seeking a return to full-scale war, both signaled they were prepared to respond to further attacks. “We are going to hit them hard,” President Donald Trump told Fox News on Monday, saying that “there will be a response” to Iran’s attacks on U.S. military bases in the region.

Analysts largely view the U.S. strike on Larak Island as an attempt to break a deadlock rather than a shift in strategy. “By hitting the launchers rather than broader Iranian military infrastructure, the U.S. appears to be punishing a specific behaviour rather than, at least for now, broadening its war aims,” said Ali Vaez, deputy program director at International Crisis Group.

“It is enforcing the blockade,” said Jason Brodsky, policy director of United Against Nuclear Iran, adding that the Trump administration’s goal was to further degrade Tehran’s capabilities to mine the Strait of Hormuz, while focusing on economic coercive measures as the midterm elections approach.

Washington has ramped up pressure to squeeze Iran’s already-torn economy with “secondary sanctions” that punish nations and businesses buying Iranian crude oil. U.S. Treasury Secretary Scott Bessent said Monday, on the sidelines of the Group of 20 finance ministers gathering, that Iran was “lashing out kinetically” because the new sanctions were taking a toll on its economy.

Speaking from the Oval Office on Monday, Trump reportedly said Iran’s financial systems, armed forces, and governing body have been largely degraded. “It doesn’t mean we won’t smack them to see what happens,” the president said.

The war, now stretching into its seventh month, has disrupted global energy supplies and sent shock waves through global financial markets.

“This is fundamentally an endurance contest,” said Brodsky, as Trump has demonstrated an “unpredictability” that should concern the Iranians, and Tehran may lash out more aggressively militarily as the economic pressure mounts.

Technologies

Where to find some of the highest CD rates heading into September

Annual percentage yields on certificates of deposit are looking attractive as fall begins next month.

August has been a solid month for stocks, but investors hoping to stash some cash in the fall can still be paid well for using certificates of deposit. Savers are keeping an eye on the Federal Reserve as its Sept. 15-16 meeting approaches. Fed funds futures trading suggests a roughly 65% likelihood the central bank will raise its benchmark lending a quarter percentage point, to a range of 3.75% to 4%. Speaking in Jackson Hole, Wyoming late last week, Fed Chairman Kevin Warsh highlighted his worries about stubborn inflation . He noted that “while this summer’s [inflation] readings were better than expected, they do not tell me that underlying trends have meaningfully improved.” Indeed, the July reading of the personal consumption expenditures price index rose at an annual rate of 3.7%, topping the Dow Jones consensus by 0.1 percentage point, and far above the central bank’s 2% inflation target. While higher rates are unwelcome for borrowers, they’re a great development for savers who can capture higher yields on products such as certificates of deposit. Several banks, for example, continue to aggressively price their CDs and offer attractive yields as they compete for deposits. Latest increase Just last week, Sallie Mae lifted the annual percentage yield on its one-year CD by five basis points to 4.2%. The increase lifts Sallie Mae’s one-year CD rate some 25 basis points above the peer median APY of 3.95%, according to Vincent Caintic, analyst at BTIG. One basis point equals 1/100th of a percent, or 0.01%. Other financial services firms also continue to offer compelling rates on their one-year CDs. Popular Direct pays an APY of 4.25% on its 12-month CD, as of Monday afternoon, while CIBC touts a 4.15% yield. Savers can also find attractive rates if they’re willing to look outside the 12-month term. Synchrony Financial offers a 4.3% APY for a 16-month CD, while Marcus by Goldman Sachs has a similar rate on its 18-month instrument. Happen Bank has an 11-month CD with a 4.2% APY. If you’re thinking of getting into a CD, be sure to weigh your time horizon and liquidity needs. “Breaking” a CD before maturity carries a penalty of forfeited interest. Savers should also be aware of when their CD is about to expire, as their banks may automatically put them into a renewal CD at a lower rate.

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– Develop and improve services 678 partners can use this purposeInformation about your activity on this service, such as your interaction with ads or content, can be very helpful to improve products and services and to build new products and services based on user interactions, the type of audience, etc. This specific purpose does not include the development or improvement of user profiles and identifiers.

– Use limited data to select content 180 partners can use this purposeContent presented to you on this service can be based on limited data, such as the website or app you are using, your non-precise location, your device type, or which content you are (or have been) interacting with (for example, to limit the number of times a video or an article is presented to you).

These Cookies and SDKs are used to collect data about your browsing habits, use of the Services, your preferences, and your interaction with advertisements across platforms and devices for the purpose of delivering targeted advertising content, both on our Services and on third party sites. Third-party sites and services also use Targeting Cookies to deliver content, including advertisements relevant to your interests on the Services. If you reject these Cookies or SDKs, you will see less relevant advertising.

Data collected under this category through Cookies and SDKs can also be used to select and deliver personalized content, such as news articles and videos.

Consent Leg.Interest

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