Bloomberg·2 min read·medium

Apple’s $2,000-Plus Foldable iPhone Was a Decade in the Making - Bloomberg.com

M
Mark Gurman
Apple’s $2,000-Plus Foldable iPhone Was a Decade in the Making - Bloomberg.com
AI Summary

Apple has been developing a foldable iPhone for over a decade, with CEO Tim Cook showing significant interest in the category since 2020. The project reflects the company's long-term strategy to enter new hardware markets.

Why it matters

As the smartphone market matures, foldable technology represents a critical potential growth area for Apple to maintain its premium market position.

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Around 2020, Apple Inc. Chief Executive Officer Tim Cook returned from a trip to Asia unusually…

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