Apple Stock Jumps Nearly 3% as It Will Launch Five New iPhone Models
MT Newswires Live07-02 21:59
Nikkei sources say Apple plans an ambitious iPhone slate across H2 this year and H1 2027, comprising at least five new models and raising foldable-phone production above prior expectations.
Apple stock jumped 2.94% on the news.
Apple has asked suppliers to prepare roughly 10m foldable iPhones this year, up from earlier forecasts of about 7–8m, and has booked about 80m smartphone parts and components; sources say some new models are slated for H2 2026, including iPhone Pro, Pro Max and the first foldable iPhone.
Including existing and upcoming models, Apple expects 2026 full-year iPhone output to well exceed 220m units and retains stronger bargaining power than most rivals in memory and key-component procurement.
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