Morgan Stanley Projects $14 Billion Revenue Boost from Apple’s Foldable iPhone
- Apple’s first foldable iPhone could add approximately $14 billion in revenue during the December quarter.
- Shipments are expected to start in October or early November, with an estimated production of up to 8 million units in the second half of the year.
- The device represents the largest design change since the iPhone X was released in 2017.
- Pro models may see price increases exceeding $200 due to rising memory costs and overall pricing adjustments.
Strong demand for the new foldable model is anticipated, although supply constraints are expected to persist. The upcoming product event on September 9 will be crucial for assessing Apple’s pricing power and market response. Analysts maintain a positive outlook on AAPL stock, currently trading at $324, emphasizing potential performance ahead of product launches.
In summary, Morgan Stanley’s analysis suggests that Apple’s innovative foldable iPhone could significantly enhance revenue this December, with a potential impact of up to $14 billion. (Source)
