Foldable iPhone Ultra will have an average cost of $2,550, report says

Just how much will the foldable iPhone Ultra cost? That's the biggest lingering question ahead of Apple's big iPhone launch event on Sept. 9.Leaks point to a price of $2,000 or more, and now, a new report from the analysts at the market intelligence firm International Data Corporation (IDC) projects an average selling price of $2,550. The IDC has a solid reputation and is well known for its mobile market research in particular.The foldable iPhone Ultra is a brand new product category for Apple, so there's no baseline to say how much it could cost. However, the latest IDC report backs reports that the iPhone Ultra will launch at above $2,000. We should note that the iPhone Ultra won't necessarily set you back $2,550. The average selling price could be quite a bit higher than the starting price, as many consumers will pay more for configurations with more storage.